A summary of Superior's dividends paid for the year 2022 is detailed below. These dividends are considered to be an eligible dividend for Canadian income tax purposes.
Move to Quarterly Dividend Payments
As previously communicated and subject to approval of future common share dividends by the Board of Directors, Superior intends to move from its current practice of paying monthly dividends to a quarterly common share dividend payment, following the monthly
About the Corporation
Superior is a leading North American distributor and marketer of propane and distillates and related products and services, servicing approximately 890,000 customer locations in the
Contact:
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
Vice President
Capital Markets
Tel: (416) 340-6003
E-mail: investor-relations@superiorplus.com
Toll-Free: 1-866-490-PLUS (7587)
Forward-Looking Information
This news release contains certain forward-looking information and statements based on Superior's current expectations, estimates, projections and assumptions in light of its experience and perception of historical trends. In this news release, such forward-looking information and statements can be identified by terminology such as 'will', 'expects', 'annualized', and similar expressions.
In particular, this news release contains forward-looking statements and information relating to: future dividends, which may be declared on Superior's common shares; the timing and the amount of such dividend payments; and the expected tax treatment thereof. These forward-looking statements are being made by Superior based on certain assumptions that Superior has made in respect thereof as at the date of this news release regarding, among other things: the success of Superior's operations; prevailing commodity prices, margins, volumes and exchange rates; that Superior's future results of operations will be consistent with past performance and management expectations in relation thereto; the continued availability of capital at attractive prices to fund future capital requirements; future operating costs; that any required commercial agreements can be reached; that all required regulatory and environmental approvals can be obtained on the necessary terms promptly. These forward-looking statements are not guarantees of future performance and are subject to several known and unknown risks and uncertainties, including, but not limited to: the regulatory environment and decisions; non-performance of agreements in accordance with their terms; the impact of competitive entities and pricing; reliance on key industry partners and agreements; actions by governmental or regulatory authorities including changes in tax laws and treatment, or increased environmental regulation; adverse general economic and market conditions in
Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted, forecasted or projected. Such forward-looking statements are expressly qualified by the above statements. Superior does not undertake any obligation to publicly update or revise any forward looking statements or information contained herein, except as required by applicable laws.
Contact:
Executive Vice President and Chief Financial Officer
Tel: (416) 340-6015
Vice President
Capital Markets
Tel: (416) 340-6003
E-mail: investor-relations@superiorplus.com
Toll-Free: 1-866-490-PLUS (7587)
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