BURNABY, BC, Jan. 11, 2013 /CNW/ - Taiga Building Products Ltd. (TSX:
TBL & TBL.NT) ("Taiga" or, the "Company") is pleased to announce the
resumption of dividends on Taiga's common shares pursuant to its
dividend policy.
In light of improved markets for the company's products, the Company's
board of directors has declared a dividend of $0.0287 per common share.
This amount represents the total annual dividend payable of 25% of net
earnings in respect of the fiscal year ended March 31, 2012. The
dividend will be payable on January 29, 2013 to shareholders of record
as of January 22, 2013.
Please refer to the Company's latest Annual Report and Annual
Information Form for details regarding the Company's dividend policy.
SOURCE: Taiga Building Products Ltd.
Tom Stefan
Chief Financial Officer & Vice President, Finance and Administration
Phone: 604-438-1471
Fax: 604-439-4242
Mark Schneidereit
Manager, Corporate Planning
Tel: 604-438-1471