Post by
Jmark1 on Sep 14, 2015 1:29pm
Divy Safe With any luck a short squeeze will happen
Student Transportation to pay 3.667-U.S.-cent dividends
Ticker Symbol: C:STB
Student Transportation to pay 3.667-U.S.-cent dividends
Student Transportation Inc (C:STB)
Shares Issued 96,141,516
Last Close 9/11/2015 $5.18
Monday September 14 2015 - News Release
Mr. Patrick Walker reports
STUDENT TRANSPORTATION INC. DECLARES CASH DIVIDEND
The board of directors of Student Transportation Inc. has approved a regular monthly cash dividend of 3.667 U.S. cents per common share on the dates of Nov. 16, 2015, Dec. 15, 2015, and Jan. 15, 2016, to shareholders of record at the close of business on each of the months of October, 2015, through December, 2015. The January payment will be the company's 132nd consecutive monthly dividend paid to shareholders of record.
STI designates these dividends to be eligible dividends, pursuant to Subsection 89(14) of the Income Tax Act (Canada) and its equivalent in any provinces of Canada. These dividends should be considered qualified dividends from a U.S. tax perspective under Section 1(h)(11) of the Internal Revenue Code of 1986, as amended, subject to the shareholder meeting and the holding period requirement to claim the qualified dividend treatment