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Clearwater Seafoods Incorporated T.CLR

"Clearwater Seafoods Inc is a distributor of shellfish and seafood with operations in Asia, North America, and Europe. Revenue is largely generated by the company's European branch. Clearwater Seafoods engages in the harvesting, processing, and marketing of seafood. The company obtains wild-caught seafood through its vessels located within Canada and Argentina. Products are segmented into scallops, lobster, clams, coldwater shrimp, crab, Langoustine and Groundfish, and other shellfish. The scall


TSX:CLR - Post by User

Post by TimeBuilderon Aug 08, 2018 11:35am
181 Views
Post# 28427364

From the Q 2 Report

From the Q 2 ReportFYI >>>>>looking GOOD...Sorry unable to copy and paste the complete report..GLTA ....TimeBuilder
 

Dividends

On August 8, 2018 the Board of Directors approved and declared a dividend of $0.05 per share payable on September 4, 2018 to shareholders of record as of August 21, 2018.

The Board reviews dividends quarterly with a view to setting the appropriate dividend amount annually.

The Board continues to review Clearwater’s dividend policy on a regular basis to ensure the dividend level remains consistent with the policy.

These dividends are eligible dividends as defined for the purposes of the Income Tax Act (Canada) and applicable provincial legislation and, therefore, qualify for the favorable tax treatment applicable to such dividends.

 


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