info@businessbreakthrough.net

Apr 16, 2024

Grand News Network / November 8, 2023

KP Tissue declares a Quarterly Dividend of $0.18 per Common Share

NOT FOR DISTRIBUTION IN THE U.S.A. OR OVER U.S. WIRE SERVICES

MISSISSAUGA, Ontario, Nov. 08, 2023 (GLOBE NEWSWIRE) -- KP Tissue Inc. ("KPT") (TSX:KPT) announced today that the Board of Directors has declared a quarterly dividend of $0.18 per common share, payable on January 15, 2024 to shareholders of record at the close of business on January 2, 2024, subject to applicable law.

The dividends paid are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

The dividend is being declared in connection with the declaration of a corresponding quarterly distribution by Kruger Products in which KP Tissue holds a limited partnership interest.

Dividend Reinvestment Plan

The Corporation has a Dividend Reinvestment Plan under which eligible shareholders may elect to have their cash dividends reinvested in additional common shares of KPT. ...

Full story available on Benzinga.com


Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.


Disclaimer Press Release Banner