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Reitmans Canada Ltd reduces quarterly dividend


Tuesday, 3 Dec 2013 08:14pm EST 

Reitmans Canada Ltd:Says as a result of the disappointing earnings for the nine months ended Nov. 2, the board of directors has decided to reduce the quarterly cash dividend from $0.20 per share to $0.05 per share.Says accordingly, at the board of directors meeting held on Dec3, a quarterly cash dividend (constituting eligible dividends) of $0.05 per share on all outstanding Class A non-voting and common shares of the company was declared.Says the dividend will be payable Jan. 30, 2014 to shareholders of record on Jan. 20, 2014. 

Latest Developments for Reitmans Canada Ltd

Company Quote

6.41
-0.04 -0.62%
23 Oct 2014