Bullboard - Stock Discussion Forum Clearwater Seafoods Incorporated T.CLR

Consumer Defensive Household & Personal Products

"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... see more

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Clearwater Seafoods Incorporated > From the Q 2 Report

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Post by TimeBuilder on Aug 08, 2018 11:35am

From the Q 2 Report

FYI >>>>>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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