Nov. 8, 2012
/PRNewswire/ - Tim Hortons Inc. (TSX: THI, NYSE: THI) today announced the Board of Directors has declared a dividend of
per common share payable to shareholders of record as of
, 2012. The dividend is payable on
Dividends are declared and paid in Canadian dollars to all shareholders with Canadian resident addresses. For U.S. shareholders, dividends paid will be converted to U.S. dollars based on prevailing exchange rates at the time of conversion by
for registered shareholders and by Clearing and Depository Services Inc. for beneficial shareholders. The declaration and payment of all future dividends remain subject to the discretion of the Company's Board of Directors.
Tim Hortons Inc. Overview
is one of the largest publicly-traded restaurant chains in
based on market capitalization, and the largest in
. Operating in the quick service segment of the restaurant industry,
appeals to a broad range of consumer tastes, with a menu that includes premium coffee, espresso-based hot and cold specialty drinks including lattes, cappuccinos and espresso shots, specialty teas, fruit smoothies, home-style soups, fresh Panini and classic sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including our trademark donuts. As of
had 4,138 systemwide restaurants, including 3,365 in
, 755 in
the United States
and 18 in the Gulf Cooperation Council. More information about the Company is available at
SOURCE Tim Hortons Inc.