Mullen Group Ltd. Announces Declaration of Monthly Dividend
March 20 2018 - 12:18PM
(TSX:MTL) The Board of Directors of Mullen Group Ltd.
(
"Mullen Group" and/or the
"Corporation") announced today that it has
declared a monthly dividend of $0.05 per Common Share payable to
the holders of record of Common Shares at the close of business on
March 31, 2018. The dividend will be paid on April 16,
2018.
For Canadian resident shareholders, this
dividend is designated as an "eligible dividend" for purposes of
the enhanced dividend tax credit rules contained in the Income Tax
Act (Canada) and any corresponding provincial and territorial tax
legislation.
Mullen Group is a company that owns a network of
independently operated businesses. The Corporation is
recognized as one of the leading suppliers of trucking and
logistics services in Canada and provides a wide range of
specialized transportation and related services to the oil and
natural gas industry in western Canada - two sectors of the economy
in which Mullen Group has strong business relationships and
industry leadership. The corporate office provides the
capital and financial expertise, legal support, technology and
systems support, shared services and strategic planning to its
independent businesses.
Mullen Group is a publicly traded corporation
listed on the Toronto Stock Exchange under the symbol
"MTL". Additional information is available
on our website at www.mullen-group.com or on SEDAR at
www.sedar.com.
For further information, please contact:
Mr. Murray K. Mullen - Chairman of
the Board, Chief Executive Officer and President Mr.
P. Stephen Clark - Chief Financial Officer Mr. Richard
J. Maloney - Senior Vice President
121A - 31 Southridge DriveOkotoks, Alberta,
Canada T1S 2N3Telephone: 403-995-5200Fax:
403-995-5296
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