News Release
ATCO LTD.
Corporate Head Office: 1400, 909 - 11 Avenue S.W., Calgary, Alberta T2R 1N6 Tel: (403) 292-7500
For Immediate Release
January 12, 2012
ATCO LTD. DECLARES ELIGIBLE DIVIDENDSCALGARY, Alberta - The Board of Directors of ATCO Ltd. today declared a first quarter dividend of 32.75 cents per Class I Non-Voting (TSX:ACO.X) and Class II Voting share (TSX:ACO.Y), a 15% increase over the 28.5 cents paid in each of the previous four quarters. The dividend is payable March 31, 2012, to shareholders of record on March 9,
2012.
These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).
Alberta-based ATCO Ltd., with more than 8,000 employees and assets of approximately $12 billion, delivers service excellence and innovative business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction), Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.atco.com.
For further information, please contact:
B.R. (Brian) Bale
Senior Vice President & Chief Financial Officer
ATCO Ltd.
(403) 292-7502
Forward-Looking Information:
Certain statements contained in this news release may
constitute forward-looking statements. Forward-looking
statements are often, but not always, identified by the use
of words such as "anticipate", "plan", "expect", "may",
"will", "intend", "should", and similar expressions. These
statements involve known and unknown risks, uncertainties and
other factors that may cause actual results or events to
differ materially from those anticipated in such
forward-looking statements. The Corporation believes that the
expectations reflected in the forward-looking statements 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.
The Corporation's actual results could differ materially from
those anticipated in these forward-looking statements as a
result of regulatory decisions, competitive factors in the
industries in which the Corporation operates, prevailing
economic conditions, and other factors, many of which are
beyond the control of the Corporation. The forward-looking
statements contained in this news release represent the
Corporations' expectations as of the date hereof, and are
subject to change after such date. The Corporation disclaims
any intention or obligation to update or revise any
forward-looking statements whether as a result of new
information, future events or otherwise, except as required
under applicable securities regulations.
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