CALGARY, Jan. 25, 2017 /CNW/ - Rocky Mountain Dealerships Inc. ("Rocky") announced today that its Board of Directors declared a quarterly dividend of $0.115 per common share on Rocky's outstanding common shares. The common share dividend is payable on March 31, 2017, to shareholders of record at the close of business on February 28, 2017.
This dividend is designated by Rocky to be an "eligible dividend" for the purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to "eligible dividends" paid to Canadian residents. Please consult with your own tax advisor for advice with respect to the income tax consequences to you from Rocky designating its dividends as "eligible dividends."
Date of Year-end Results Conference Call and Webcast Announced
Rocky further announced today that it will release its 2016 year-end financial results after markets close on Tuesday, March 14, 2017.
On Wednesday, March 15, 2017, Rocky will discuss its year-end results via live conference call and audio webcast, beginning at 9:00 a.m. Mountain Time (11:00 a.m. Eastern Time). Senior management of Rocky will provide remarks on the period, followed by a question and answer session with analysts and institutional investors.
Those interested in participating in the conference call may do so by calling 1-888-231-8191 (toll free) or 1-647-427-7450. A live webcast of the conference call will also be accessible through Rocky's website at www.rockymtn.com.
An archived recording of the conference call will be available until Wednesday, March 29, 2017 by dialing 1-855-859-2056 (toll free) or 1-416-849-0833, passcode: 57709994. This archived recording will also be available via Rocky's website.
Rocky is one of Canada's largest agriculture and industrial equipment dealership networks with branches located throughout Alberta, Saskatchewan, and Manitoba. Through its network of Rocky Mountain Equipment locations, Rocky sells, rents, and leases new and used agriculture and industrial equipment and offers product support and finance to its customers.
SOURCE Rocky Mountain Dealerships Inc.
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For further information: Rocky Mountain Dealerships Inc., Garrett Ganden, President and Chief Executive Officer; or David Ascott, Chief Financial Officer, #301, 3345 8th Street S.E., Calgary, Alberta T2G 3A4, Telephone: (403) 265-7364, Fax: (403) 214-5644