Business
Rocky Mountain Dealerships Inc. Board Approves Dividend of $0.045 per Common Share
CALGARY, May 12 /CNW/ - (TSX:RME) - Rocky Mountain Dealerships Inc. ("RMDI" or the "Company") tod...
About this update from Roland Mineral Enterprises Corp.
[{"type":"text","content":"\n\n\n\nCALGARY, May 12 /CNW/ - (TSX:RME) - Rocky Mountain Dealerships Inc.\n("RMDI" or the "Company") today announced that the Board of Directors of RMDI\ndeclared a dividend of $0.045 per common share on the Company's outstanding\ncommon shares. The common share dividend is payable on June 30, 2008 to\nshareholders of record at the close of business on May 30, 2008.\n\n\nThis dividend is designated by RMDI to be an eligible dividend for\npurpose of the Income Tax Act (Canada) and any similar provincial or\nterritorial legislation. An enhanced dividend tax credit applies to eligible\ndividends paid to Canadian residents.\n\n\nManagement intends that dividends are to be paid hereafter on a quarterly\nbasis subject to performance and at the discretion of the Board of Directors\nof the Company.\n\n\nAbout RMDI:\n\n\nRMDI sells, rents and leases new and used construction and agricultural\nequipment, including Case Construction and Case IH Agricultural brands, as\nwell as offering product support and finance and insurance products to its\ncustomers. RMDI represents one of Alberta's largest agriculture and\nconstruction dealerships with 13 dealership branches located throughout\nAlberta.\n\n\nAdditional information on RMDI is available on our website at\nwww.rockymtn.com and on SEDAR at www.sedar.com. The Common Shares of RMDI\ntrade on the Toronto Stock Exchange under the symbol "RME".\n\n\nForward Looking Information\n\n\nCertain statements contained in this press release, including statements\nrelated to the expectation that the Corporation will continue to make\nquarterly dividends and statements that contain words such as "could",\n"should", "can", "anticipate", "expect", "believe", "will", "may", "likely"\nand similar expressions and statements relating to matters that are not\nhistorical facts constitute "forward-looking information" within the meaning\nof applicable Canadian securities legislation.\n\n\nThese statements are based on certain assumptions and analysis made by\nthe Company in light of its experience and its perception of historical\ntrends, current conditions and expected future developments as well as other\nfactors it believes are appropriate in the circumstances. However, whether\na...