MISSISSAUGA, ON, Aug. 4, 2011 /CNW/ - The Second Cup Ltd. ("Second Cup" or the "Company") announced that its Board of Directors approved a quarterly dividend of $0.15 per common share for the quarter ended July 2, 2011, payable on August 31, 2011 to shareholders of record at the close of business on August 17, 2011. The dividend will be considered an eligible dividend for income tax purposes.
About Second Cup
Founded in 1975, Second Cup is Canada's largest specialty coffee franchisor, operating more than 350 cafs across the country. As a proudly Canadian company, Second Cup celebrates its franchisees' local ownership, and prioritizes the support of local businesses through daily deliveries from neighbourhood partners. Committed to caring for every guest, all 5,000 associates of Second Cup are Trusted Coffee Experts who sell 1,000,000 coffee and tea beverages every week. For more information, please visit www.secondcup.com.