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NFI Group Inc. Announces First Quarter 2019 Dividend
NFI Group Inc. Announces First Quarter 2019 Dividend Canada NewsWire WINNIPEG, M...
About this update from Nfi Group Inc.
[{"type":"text","content":"\n\n\n\nNFI Group Inc. Announces First Quarter 2019 Dividend\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nWINNIPEG, March 15, 2019\n\n\n\nWINNIPEG, March 15, 2019 /CNW/ - (TSX:NFI) NFI Group Inc. (\"NFI\") today declared a quarterly dividend for the period January 1, 2019 to March 31, 2019 on the common shares of NFI (the \"Shares\") in the amount of C$0.425 per Share to holders of record at the close of business on March 29, 2019.  The dividend will be payable on April 15, 2019.  As announced on March 13, 2019, the board of directors of NFI approved a 13.3% increase in the annual dividend rate from C$1.50 to C$1.70 per Share.\n\n \n \n\n \nThe dividends on the Shares are designated as \"eligible dividends\" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.\nAbout NFIWith over 6,000 team members, operating from 31 facilities across Canada and the United States, NFI is North America's largest bus manufacturer providing a comprehensive suite of mass transportation solutions under brands: New Flyer® (heavy-duty transit buses), ARBOC® (low-floor cutaway and medium-duty buses), MCI® (motor coaches), and NFI Parts™ (parts, support, and service). NFI buses incorporate the widest range of drive systems available including: clean diesel, natural gas, diesel-electric hybrid, and zero-emission electric (trolley, battery, and fuel cell) on proven bus platforms. In total, NFI supports over 74,000 buses and coaches currently in service across North America. For the fiscal year ended December 30, 2018, NFI posted revenues of U.S. $2.5 billion.\nNFI common shares are traded on the Toronto Stock Exchange under the symbol NFI.  News and information are available at www.nfigroup.com.\nForward-Looking StatementsThis press release may contain forward-looking statements relating to expected future events and financial and operating results of NFI that involve risks and uncertainties.  Actual results may differ materiall...