Big Rock Brewery Inc.

Big Rock Brewery Inc.

March 23, 2011 18:00 ET

Big Rock Brewery Inc. Announces Quarterly Dividend

CALGARY, ALBERTA--(Marketwire - March 23, 2011) - Big Rock Brewery Inc. (TSX:BR) ("Big Rock" or the "the Brewery") is pleased to announce that a dividend of $0.20 per common share will be paid on April 15, 2011 to shareholders of record on March 31, 2010. The shares will commence trading on an ex-dividend basis on March 29, 2011.

This is the first dividend declared by Big Rock following its conversion from an income trust to a corporation earlier this year. Dividends are paid from after tax cash flows, whereas distributions by the trust were paid from operating cash flows and were deductible for tax purposes prior to its conversion. The decrease in the dividend levels compared to 2010 is directly attributable to this change in taxation.

The quarterly dividend announcement follows the Brewery's release of its 2010 annual financial results earlier this week. The Financial Statements and Management's Discussion and Analysis dated March 22, 2011 can be viewed on Big Rock's website at bigrockbeer.com/corporate and on SEDAR at sedar.com under Big Rock Brewery Inc.

About Big Rock Brewery Inc.

Big Rock Brewery Inc. - headquartered in Calgary, Alberta - produces premium, all-natural craft beers. As Canada's leading craft brewer, Big Rock boasts a family of twelve exceptional ales and lagers (including their newest brew IPA), Rock Creek dry apple cider and an ongoing selection of seasonal beers soon to be unveiled in the new Brewmaster's Series. Big Rock products are sold in nine provinces and three territories in Canada and they are also available in Korea. 

For more information on Big Rock visit bigrockbeer.com.

Contact Information

  • Big Rock Brewery Inc.
    Aisling (Ash-ling) Tomei
    Manager, Corporate Relations
    (403) 203-3746
    atomei@bigrockbeer.com
    or
    Big Rock Brewery Inc.
    Dwayne Dubois, CGA, CA
    Chief Financial Officer
    (403) 720-4465
    (403) 236-7523 (FAX)