Westshore Terminals Investment Corp T.WTE

Alternate Symbol(s): WTSHF

Industrials

Westshore Terminals Investment Corporation is a Canada-based company, which owns all of the limited partnership units of Westshore Terminals Limited Partnership (Westshore). The Company invests in Westshore by way of distributions on Westshore's limited partnership units. Westshore operates a coal storage and unloading/loading facility at Roberts Bank, British Columbia. Westshore receives handling charges from its customers for throughput volume. Coal is delivered to the Terminal in unit trains operated by Canadian Pacific Railway, BNSF Railway, and Canadian National Railway. The product is unloaded and either directly loaded onto a ship or stockpiled for future ship loading. The loaded ships are then destined around the globe to approximately 16 different countries. Westar Management Ltd. (the Manager) provides management services to Westshore and administrative services to the Company. The manager also provides insurance and vehicle leasing services to the Company.

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Westshore Terminals Investment Corp > Sweet SPECIAL DIVIDEND,,,,,,,,,,,50 CENTS.........!!!!!!!!!!

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Comment by Red_Deeron Mar 30, 2021 10:49pm

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Post# 32911809

RE:Sweet SPECIAL DIVIDEND,,,,,,,,,,,50 CENTS.........!!!!!!!!!!

EX DIVIDEND ToDay__so TOO LATE

If You SNOOZE__You LOSE

Red_Deer wrote:
Now This IS what I LUV seeing with my late afternoon coffee__not only Increased Regular Dividend but ALSO a one time Special Dividend of 50 Cents !!!!!!

LUV IT__and with the SAME increased dividend and Special dividend recently announced for my very large Western Forest Products holdings__along with the spectacular share price rise

for my CanWell making it my Largest Holding of all__ALL THIS makes 2021 a VERY GOOD

One__so far at least eh !!!!!!!!!!

Gotta wonder what Jimmy Pattison will end up doing with his 50 Cents eh ?????

VANCOUVER, BC , March 16, 2021 /CNW/ - Terminals Investment Corporation (TSX: WTE) ("Westshore" or the "Corporation") announced today an increase in the quarterly dividend from $0.16 per share to $0.20 per share. The Q1 dividend will be paid on or before April 15, 2021 to shareholders of record on March 31, 2021 . The Q1 2021 dividend will be designated an "eligible dividend" for Canadian tax purposes.

Westshore also announces a one-time, non-recurring special dividend of $0.50 per share, which will also be paid on or before April 15, 2021 to shareholders of record on March 31, 2021 , together with the Q1 dividend announced above. The special dividend will be designated an "eligible dividend" for Canadian tax purposes.

This special dividend has been approved and is being paid in recognition of Westshore's current cash resources versus cash needs. There is no assurance that any other special dividends will be paid in the future and if paid for what amount.