Pivot Technology Solutions, Inc. Declares Common Share Dividend
TORONTO, Feb. 20, 2018 /CNW/ - Pivot Technology Solutions, Inc. (TSX: PTG) today announced that its Board of Directors has declared, under its dividend policy, a quarterly cash dividend on the common equity of the Company in the amount of CAD $0.04 per share, payable on March 15, 2018, to holders of record at the close of business on February 28, 2018.
The amount is consistent with previous quarterly dividends the Company has paid since it joined the TSX. The declaration reflects the Board's confidence in the future and objective of creating shareholder value in a disciplined manner.
About Pivot Technology Solutions
Pivot is an industry leading information technology services and solutions provider to many of the world's most successful companies, including members of the Fortune 1000, as well as governments and educational institutions. By leveraging its extensive OEM partnerships and its own fulfillment, professional, deployment, workforce and managed services, Pivot supports the IT infrastructure needs of its clients. For more information, visit www.pivotts.com.
Forward Looking Statements
This news release contains statements that, to the extent they are not recitations of historical fact, may constitute "forward-looking statements" within the meaning of applicable Canadian securities laws. Pivot uses words such as "may", "would", "could", "will", "likely", "expect", "believe", "intend", "anticipate" and similar expressions to identify forward-looking statements. Any such forward-looking statements are based on assumptions and analyses made by Pivot in light of its experience and its perception of historical trends, current conditions and expected future developments. However, whether actual results and developments will conform to Pivot's expectations and predictions is subject to any number of risks, assumptions and uncertainties, including risks detailed in the Company's Annual Information Form for the year ended December 31, 2016 available at sedar.com. Many factors could cause Pivot's actual results to differ materially from those expressed or implied by the forward-looking statements contained in this news release. The "forward-looking statements" contained herein speak only as of the date of this news release and, unless required by applicable law, the Company undertakes no obligation to publicly update or revise such information, whether as a result of new information, future events or otherwise.
SOURCE Pivot Technology Solutions, Inc
David Toews, CFO, Pivot Technology Solutions, [email protected]; Bill Mitoulas, Pivot Investor Relations, [email protected], Tel: 416.479.9547
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