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.