Superior Plus Corp.
TSX : SPB

Superior Plus Corp.

January 08, 2015 10:48 ET

Superior Plus Announces January 2015 Cash Dividend and Upcoming Events

CALGARY, ALBERTA--(Marketwired - Jan. 8, 2015) -

Superior Plus Corp. (TSX:SPB) ("Superior") today announced its cash dividend for the month of January 2015 of $0.06 per share payable on February 13, 2015. The record date is January 31, 2015 and the ex-dividend date will be January 28, 2015. Superior's annualized cash dividend rate is currently $0.72 per share. This dividend is an eligible dividend for Canadian income tax purposes.

A summary of Superior's dividends declared for the year 2014 is detailed below. These dividends are considered to be an eligible dividend for Canadian income tax purposes.

Record Date Payment Date Dividend
November 30, 2014 December 15, 2014 $0.06
October 31, 2014 November 14, 2014 $0.05
September 30, 2014 October 15, 2014 $0.05
August 31, 2014 September 15, 2014 $0.05
July 31, 2014 August 15, 2014 $0.05
June 30, 2014 July 15, 2014 $0.05
May 31, 2014 June 13, 2014 $0.05
April 30, 2014 May 15, 2014 $0.05
March 31, 2014 April 15, 2014 $0.05
February 28, 2014 March 14, 2014 $0.05
January 31, 2014 February 14, 2014 $0.05
December 31, 2013 January 15, 2014 $0.05
2014 Total $0.61

Upcoming Investor Conferences

Superior will be presenting at the AltaCorp Capital Institutional Investor Conference on Thursday, January 15 and at the CIBC Whistler 2015 Institutional Investor Conference on Thursday, January 22. A copy of presentation materials to be used by Superior will be posted to Superior's website on the date of the related presentation under the Presentations section of Superior's website.

2014 Fourth Quarter and Year-End Results and Conference Call

Superior expects to release its 2014 fourth quarter and year-end results on Thursday, February 19, 2015. A conference call and webcast for investors, analysts, brokers and media representatives to discuss the 2014 Fourth Quarter and Year-End Results is scheduled for 8:30 a.m. MST on Friday, February 20, 2015. To participate in the call, dial: 1- 800-355-4959. An archived recording of the call will be available for replay until midnight, Sunday, April 20, 2015. To access the recording, dial: 1-800-408-3053 and enter pass code 6492762. Internet users can listen to the call live, or as an archived call, on Superior's website at: www.superiorplus.com under the Events section.

About the Corporation

Superior consists of three primary operating businesses: Energy Services includes the distribution of propane and distillates, providing fixed-price energy services, and supply portfolio management; Specialty Chemicals includes the manufacture and sale of specialty chemicals; and Construction Products Distribution includes the distribution of specialty construction products.

Forward Looking Information

This press release may contain forward-looking statements. All forward-looking statements are based on our beliefs as well as assumptions based on information available at the time the assumption was made and on management's experience and perception of historical trends, current conditions and expected future developments, as well as other factors deemed appropriate in the circumstances. No assurance can be given that these assumptions and expectations will prove to be correct. Forward-looking statements are not facts, but only predications and can generally be identified by the use of statements that include phrases such as "anticipate", "believe", "continue", "could", "estimate", "foresee", "expect", "plan", "intend", "forecast", "future", "guidance", "may", "predict", "project", "should", "strategy", "target", "will" or similar expressions suggesting future outcomes. Forward-looking information in this Press Release includes but is not limited to, assumptions concerning the future payment of dividends. Superior believes the expectations reflected in such forward-looking information 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.

Forward-looking information is not a guarantee of future performance and involves a number of risks and uncertainties some of which are described herein. Such forward-looking information necessarily involves known and unknown risks and uncertainties, which may cause Superior's actual results to differ materially from any projections of future results expressed or implied by such forward-looking information. These risks and uncertainties include but are not limited to the inability of Superior to meet the liquidity tests set forth in the Canada Business Corporations Act with respect to the payment of dividends and future changes to applicable tax laws and the other risks identified in the Corporation's 2013 Annual Information Form under the heading "Risk Factors", which is available on the SEDAR website (www.sedar.com). Any forward-looking information is made as of the date hereof and, except as required by law, Superior does not undertake any obligation to publicly update or revise such information to reflect new information, subsequent or otherwise.

Contact Information

  • Superior Plus Corp.
    Wayne Bingham
    Executive Vice-President and Chief Financial Officer
    (403) 218-2951 or Toll Free: 1-866-490-PLUS (7587)
    (403) 218-2973 (FAX)
    wbingham@superiorplus.com

    Superior Plus Corp.
    Jay Bachman
    Vice-President, Investor Relations and Treasurer
    (403) 218-2957 or Toll Free: 1-866-490-PLUS (7587)
    (403) 218-2973 (FAX)
    jbachman@superiorplus.com
    www.superiorplus.com