Superior Plus Corp. (TSX:SPB):
June 2018 Cash Dividend - $0.06 per share
Superior
Plus Corp. (“Superior”) (TSX:SPB) today announced its cash dividend for
the month of June 2018 of $0.06 per share payable on July 13, 2018. The
record date is June 30, 2018 and the ex-dividend date will be June 28,
2018. Superior’s annualized cash dividend rate is currently $0.72 per
share. This dividend is an eligible dividend for Canadian income tax
purposes.
Superior Plus 2018 Investor Day
Superior
will be hosting an Investor Day on Friday, June 15, 2018 at One King
West in Toronto. An overview of the acquisition of NGL Propane and a
detailed update on Superior’s current operations, integration of Canwest
Propane, Evolution 2020 goals and financial position will be presented.
The formal presentation will commence at 9:00 AM EDT, and a light
breakfast and lunch will be served. Members of the professional
investment community are invited to attend. To confirm your
participation, please RSVP by emailing your contact information to [email protected].
About the Corporation
Superior
consists of two primary operating businesses: Energy Distribution
includes the distribution of propane and distillates, and supply
portfolio management; and Specialty Chemicals includes the manufacture
and sale of specialty chemicals.
For further information about Superior, please visit our website at: www.superiorplus.com or contact: Beth Summers, Executive Vice President and Chief Financial Officer, Tel: (416) 340-6015, or Rob Dorran, Vice President, Investor Relations and Treasurer, Tel: (416) 340-6003, E-mail: [email protected], Toll Free: 1-866-490-PLUS (7587).
Forward Looking Information
This news release contains
certain forward-looking information and statements that are based on
Superior’s current expectations, estimates, projections and assumptions
in light of its experience and its perception of historical trends. In
this news release, such forward-looking information and statements can
be identified by terminology such as "to be", "expects", "annualized",
and similar expressions.
In particular, this news release contains forward-looking statements and information relating to: future dividends which may be declared on Superior’s common shares, the dividend payment, the tax treatment thereof, and the receipt of cash dividends. These forward-looking statements are being made by Superior based on certain assumptions that Superior has made in respect thereof as at the date of this news release, regarding, among other things: the success of Superior’s operations; prevailing commodity prices, margins, volumes and exchange rates; that Superior’s future results of operations will be consistent with past performance and management expectations in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements; future operating costs; that any required commercial agreements can be reached; that all required regulatory and environmental approvals can be obtained on the necessary terms in a timely manner. These forward-looking statements are not guarantees of future performance and are subject to a number of known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive entities and pricing; reliance on key industry partners and agreements; actions by governmental or regulatory authorities including changes in tax laws and treatment, or increased environmental regulation; adverse general economic and market conditions in Canada, North America and elsewhere; fluctuations in operating results; labour and material shortages; and certain other risks detailed from time to time in Superior’s public disclosure documents including, among other things, those detailed under the heading "Risk Factors" in Superior’s management's discussion and analysis and annual information form for the year ended December 31, 2017, which can be found at www.sedar.com.
Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180607005704/en/
Superior Plus
Beth Summers, 416-340-6015
Executive Vice
President and Chief Financial Officer
or
Rob Dorran,
416-340-6003
Vice President, Investor Relations and Treasurer
[email protected]
Toll
Free: 1-866-490-PLUS (7587).