TORONTO, Feb. 19 /PRNewswire-FirstCall/ -- The Board of Directors today declared a dividend of six and five hundred - one thousandths cents (6.500 cents) per Class A Subordinate Voting Share and five and nine hundred and nine - one thousandths of a cent (5.909 cents) per Class B Multiple Voting Share payable on the 31st day of March 2009, to shareholders of record at the close of business on the 19th day of March 2009.
For Canadian resident shareholders, these dividends are designated as "eligible dividends" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.
ShawCor will be hosting a Shareholder and Analyst Conference Call and Webcast on Monday February 23rd, at 10:00 AM ET, which will discuss the company's fourth quarter 2008 financial results.
Please visit our website at http://www.shawcor.com/ for further details.
