Cervus Equipment Corporation announces dividend

Symbol: CVL (TSX)

CALGARY, Sept. 16, 2014 /CNW/ - Cervus Equipment Corporation ("Cervus") announced that the board of directors of Cervus has approved a cash dividend to Cervus shareholders of $0.2075 per share for the third quarter of 2014. Payment will be made on or about October 15, 2014 to shareholders of record as of the close of business on September 30, 2014.  Investors are cautioned that quarterly dividends are always subject to approval from the board of directors of Cervus, and may be increased, decreased or suspended by the board at anytime.

About Cervus

Cervus acquires and manages authorized agricultural, commercial, industrial and transportation equipment dealerships with interests in 67 dealerships located in Canada, New Zealand, and Australia. The primary equipment brands represented by Cervus include John Deere agricultural equipment; Bobcat and JCB construction equipment; Clark, Sellick and Doosan material handling equipment; and Peterbilt transportation equipment.   The common shares of Cervus are listed on the Toronto Stock Exchange and trade under the symbol "CVL".

 

SOURCE: Cervus Equipment Corporation

please contact:

Graham Drake - President & CEO   
Telephone: [phone]
Fax: [phone]
Email: [email protected]

Randy Muth - Chief Financial Officer  
Telephone: [phone]
Fax: [phone]
Email: [email protected]