TSX:WTE - Post Discussion
Post by
Red_Deer on Mar 29, 2022 12:42pm
REMINDER,,,,,Today is LAST DAY to GET $1.50 Special Divie
VANCOUVER, BC, March 11, 2022 /CNW/ - Westshore Terminals Investment Corporation (TSX: WTE) ("Westshore" or the "Corporation") announced today an increase in the quarterly dividend from $0.25 per share to $0.30 per share. The Q1 dividend will be paid on or before April 15, 2022, to shareholders of record on March 31, 2022. The Q1 2022 dividend will be designated an "eligible dividend" for Canadian tax purposes.
Westshore also announces a one-time, non-recurring special dividend of $1.50 per share, which will also be paid on or before April 15, 2022, to shareholders of record on March 31, 2022, together with the Q1 dividend announced above. The special dividend will be designated an "eligible dividend" for Canadian tax purposes.
What this means is that IF you have/own shares at end of day on Tuesday the 29th__Then You
WILL GET the Special $1.50 Dividend__SAME Applies IF you BUY shares on the 29th.
The 30th then Will BE the EX-DIVIDEND date__With NO Special Dividend anymore__and we
can EXPECT the Share Price to DROP as Much as $1.80 OR MORE on the 30th.
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