Coast Wholesale Appliances Inc.

Coast Wholesale Appliances Inc.

February 16, 2011 16:49 ET

Coast Wholesale Appliances Inc. Declares February Dividend

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Feb. 16, 2011) - Coast Wholesale Appliances Inc. (TSX:CWA) (Coast) today announced a cash dividend of $0.035 per share to be paid March 7, 2011 to shareholders of record on February 28, 2011. This is Coast's first dividend since converting to a corporate structure from an income trust structure on January 1, 2011.

Coast is a leading independent supplier of major household appliances and accessories to developers and builders of multi-family and single-family housing, and to retail customers. Founded in 1978, Coast currently operates 16 stores, with 15 locations across the four western provinces and one store in the Greater Toronto Area.

Contact Information