TORONTO, ONTARIO--(Marketwire - Feb. 25, 2011) - Toromont Industries Ltd. (TSX:TIH) today announced the regular quarterly dividend of 16 cents per share on outstanding common shares, payable April 1, 2011 to shareholders of record at the close of business on March 11, 2011, was declared today by the Company's Board of Directors.
About Toromont
Toromont Industries Ltd. operates through two business segments: The Equipment Group and the Compression Group. The Equipment Group includes one of the larger Caterpillar dealerships by revenue and geographic territory in addition to industry leading rental operations. The Compression Group is a global leader specializing in the design, engineering, fabrication and installation of compression systems for natural gas, coal-bed methane, fuel gas and carbon dioxide in addition to process systems and through CIMCO, industrial and recreational refrigeration systems. Both Groups offer comprehensive product support capabilities. This news release and more information about Toromont can be found on the web at www.toromont.com.
Contact Information: Toromont Industries Ltd.
Robert M. Ogilvie
Chairman & Chief Executive Officer
(416) 667-5554
or
Toromont Industries Ltd.
Paul R. Jewer
Vice President Finance & CFO
(416) 667-5638