WOODSTOCK, ON, July 16, 2013 /CNW/ - The Board of Directors of Contrans Group Inc. ("Contrans") (TSX Symbol CSS) announced today that it has declared a dividend of $0.125 per outstanding Class A Subordinate Voting Share and Class B Multiple Voting Share, payable on August 15, 2013 to shareholders of record at the close of business on July 31, 2013.
For Canadian resident shareholders the dividend declared is designated as an "eligible dividend" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act ( Canada) and any corresponding provincial and territorial tax legislation.
Contrans has been providing freight transportation services since 1985. With approximately 1,400 power units and 2,600 trailers under management, Contrans is one of the largest freight transportation companies in Canada.
SOURCE Contrans Group Inc.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts