MONTRÉAL, March 22,
2023 /CNW/ - The Board of Directors of LOGISTEC
Corporation (TSX: LGT.A) (TSX: LGT.B) announced today that it has
declared quarterly dividends of $0.11782 per share on all outstanding Class A
Common Shares and $0.12959 per share
on all outstanding Class B Subordinate Voting Shares.
The dividends will be paid on April 13, 2023 to all
LOGISTEC Corporation shareholders of record at the close of
business on March 30, 2023. This dividend is an eligible
dividend for Canada Revenue Agency purposes.
Dividends paid during 2022 totalled $0.41 per Class A Common Share and $0.45 per Class B Subordinate Voting Share.
About LOGISTEC
LOGISTEC Corporation is based in Montréal (QC) and provides
specialized services to the marine community and industrial
companies in the areas of bulk, break-bulk and container cargo
handling in 53 ports and 79 terminals located in
North America. LOGISTEC also
offers marine transportation services geared primarily to the
Arctic coastal trade, as well as marine agency services to
shipowners and operators serving the Canadian market.
Furthermore, the Company operates in the environmental industry
where it provides services to industrial, municipal and
governmental customers for the renewal of underground water mains,
dredging, dewatering, contaminated soils and materials management,
site remediation, risk assessment, and manufacturing of fluid
transportation products.
The Company has been profitable and has paid regular dividends
since becoming public and payments have grown steadily over the
years. A public company since 1969, LOGISTEC's shares are listed on
the Toronto Stock Exchange (TSX) under the ticker symbols LGT.A and
LGT.B. For more information can be obtained on the Company's
website at www.logistec.com.
SOURCE Logistec Corporation