Business
Superior Plus Announces March 2010 Cash Dividend and Upcoming Events
Superior Plus Announces March 2010 Cash Dividend and Upcoming Events
About this update from Superior Plus Corp
[{"type":"text","content":"\n\n\n\nCALGARY, Mar. 11, 2010 (Canada NewsWire Group) -- /CNW/ --March 2010 Cash Dividend - $0.135 per share-------------------------------------------Superior Plus Corp. (\"Superior\") today announced its cash dividend for the month of March, 2010 of $0.135 per share payable on April 15, 2010. The record date is March 31, 2010 and the ex-dividend date will be March 29, 2010. Superior's annualized cash dividend rate is currently $1.62 per share. This dividend is an eligible dividend for Canadian income tax purposes.Annual Meeting of Shareholders------------------------------Superior's Annual Meeting of Shareholders will be held in the Lecture Theatre of The Metropolitan Conference Centre, 333 - 4th Avenue SW, Calgary, Alberta on Wednesday, May 5, 2010 at 2:00 p.m. MST.About the Corporation---------------------Superior 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:TradingSymbol Security Issued and Outstanding-------------------------------------------------------------------------SPB Common Shares 104.9 millionSPB.db.b 5.75% Debentures, Series 1 $174.9 million principal amountSPB.db.c 5.85% Debentures, Series 1 $ 75.0 million principal amountSPB.db.d 7.5% Debentures $ 69.0 million principal 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. 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...