Superior Plus Announces January 2010 Cash Dividend and Upcoming Events
TSX: SPB
January 2010 Cash Dividend - $0.135 per share ---------------------------------------------
Superior Plus Corp. ("Superior") today announced its cash dividend for the month of January, 2010 of
A summary of Superior's dividends for the year 2009 is detailed below. These dividends are considered to be an eligible dividend for Canadian income tax purposes.
------------------------------------------------------------------------- Record Date Payment Date Total Dividend ------------------------------------------------------------------------- January 31, 2009 February 13, 2009 0.135 ------------------------------------------------------------------------- February 28, 2009 March 13, 2009 0.135 ------------------------------------------------------------------------- March 31, 2009 April 15, 2009 0.135 ------------------------------------------------------------------------- April 30, 2009 May 15, 2009 0.135 ------------------------------------------------------------------------- May 31, 2009 June 15, 2009 0.135 ------------------------------------------------------------------------- June 30, 2009 July 15, 2009 0.135 ------------------------------------------------------------------------- July 31, 2009 August 14, 2009 0.135 ------------------------------------------------------------------------- August 31, 2009 September 15, 2009 0.135 ------------------------------------------------------------------------- September 30, 2009 October 15, 2009 0.135 ------------------------------------------------------------------------- October 31, 2009 November 13, 2009 0.135 ------------------------------------------------------------------------- November 30, 2009 December 15, 2009 0.135 ------------------------------------------------------------------------- December 31, 2009 January 15, 2010 0.135 (1) ------------------------------------------------------------------------- 2009 Total $1.62 ------------------------------------------------------------------------- (1) For income tax purposes, the dividend paid on January 15, 2010 will be taxable in 2010. 2009 Fourth Quarter and Year-End Results and Conference Call ------------------------------------------------------------
Superior expects to release its 2009 fourth quarter and year-end results on
Annual Meeting of Shareholders ------------------------------
Superior's Annual Meeting of Shareholders will be held in the Lecture Theatre of The Metropolitan Conference Centre, 333 - 4th Avenue SW,
About the Corporation ---------------------
Superior consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates and related fixed-price energy services; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and Construction Products Distribution includes the distribution of specialty construction products.
Superior's shares and convertible debentures trade on the TSX as follows:
Trading Symbol Security Issued and Outstanding ------------------------------------------------------------------------- SPB Common Shares 100.0 million SPB.db.b 5.75% Debentures, Series 1 $174.9 million principal amount SPB.db.c 5.85% Debentures, Series 1 $ 75.0 million principal amount SPB.db.d 7.5% Debentures $ 69.0 million principal amount -------------------------------------------------------------------------
Forward Looking Information
Certain information included in this Press Release is forward-looking, within the meaning of applicable Canadian securities laws. Much of this information can be identified by looking for words such as "believe", "expects", "expected", "will", "intends", "projects", "anticipates", "estimates", "continues" or similar words. Forward-looking information in this Press Release includes but is not limited to, assumptions concerning the future payment of dividends and the treatment of shareholders under tax laws. Superior believes the expectations reflected in such forward-looking information are reasonable but no assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon.
Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties some of which are described herein. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause Superior's actual results to differ materially from any projections of future results expressed or implied by such forward-looking information. These risks and uncertainties include but are not limited to the inability of Superior to meet the liquidity tests set forth in the
For further information: about Superior, please visit our website at: www.superiorplus.com or contact: Wayne Bingham, Executive Vice-President and Chief Financial Officer, Tel: (403) 218-2951, Fax: (403) 218-2973, E-mail: [email protected]; or Jay Bachman, Vice-President, Investor Relations and Planning, Tel: (403) 218-2957, Fax: (403) 218-2973, E-mail: [email protected], Toll Free: 1-866-490-PLUS (7587)
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