Rocky Mountain Dealerships Inc. Announces Fourth Quarter 2018 Dividend
CALGARY, Alberta--(BUSINESS WIRE)--Dec 4, 2018--Rocky Mountain Dealerships Inc. (” RME ”) (TSX:RME), Canada’s largest agriculture equipment dealer, today announced that its Board of Directors (the ” Board ”) declared a quarterly dividend of $0.1225 per common share on RME’s outstanding common shares. The common share dividend is payable on December 31, 2018, to shareholders of record at the close of business on December 14, 2018.
This dividend is designated by RME to be an “eligible dividend” for the purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to “eligible dividends” paid to Canadian residents. Please consult with your own tax advisor for advice with respect to the income tax consequences to you from RME designating its dividends as “eligible dividends.”
Investors are cautioned that quarterly dividends remain subject to approval by RME’s Board, and that the Board may, at any time, increase, decrease or suspend payment of the dividend.
About Rocky Mountain Dealerships Inc. (TSX:RME)
RME is Canada’s largest agriculture equipment dealer with branches located throughout Alberta, Saskatchewan, and Manitoba. Through its dealer network, RME sells, rents, and leases new and used agriculture equipment and offers product support and finance to its customers.
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KEYWORD: NORTH AMERICA CANADA
INDUSTRY KEYWORD: NATURAL RESOURCES AGRICULTURE PROFESSIONAL SERVICES BANKING FINANCE
SOURCE: Rocky Mountain Dealerships Inc.
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PUB: 12/04/2018 06:00 AM/DISC: 12/04/2018 06:01 AM