Market Overview

Stella-Jones Inc. Modifies Its Dividend Policy and Declares a Quarterly Dividend


MONTREAL, QUEBEC--(Marketwire - March 16, 2012) - The Board of Directors of Stella-Jones Inc. (TSX: SJ) is pleased to announce that it has modified its dividend policy whereby henceforth, the declaration of dividends will be considered on a quarterly rather than a semi-annual basis. The declaration of quarterly dividends will continue to be subject to the Company's financial covenants and conditional upon the Corporation's financial performance and cash requirements.

In light of the Corporation's results, the Board of Directors of Stella-Jones announces that a quarterly dividend of $0.15 per share has been declared on the outstanding common shares of the Corporation, payable on April 30, 2012 to shareholders of record at the close of business on April 2, 2012. This dividend is designated to be an eligible dividend.

View Comments and Join the Discussion!
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at