Business
Superior Plus Announces December 2009 Cash Dividend
Superior Plus Announces December 2009 Cash Dividend
About this update from Superior Plus Corp
[{"type":"text","content":"\n\n\n\nDec. 10, 2009 (Canada NewsWire Group) -- CALGARY, Dec. 10 /CNW/ --December 2009 Cash Dividend - $0.135 per share----------------------------------------------Superior Plus Corp. (\"Superior\") today announced its cash dividend for the month of December, 2009 of $0.135 per share payable on January 15, 2009. The record date is December 31, 2009 and the ex-dividend date will be December 29, 2009. Superior's annualized cash dividend rate is $1.62 per share. This dividend is an eligible dividend for Canadian income tax purposes.About the Corporation---------------------Superior Plus Corp. 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 millionSPB.db.b 5.75% Debentures, Series 1 $174.9 millionprincipal amountSPB.db.c 5.85% Debentures, Series 1 $ 75.0 millionprincipal amountSPB.db.d 7.5% Debentures $ 69.0 millionprincipal amount-------------------------------------------------------------------------Forward Looking InformationCertain 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 herei...