Ensign Energy Services Inc. - Increase in fourth quarter dividend
CALGARY, Nov. 7, 2012 /CNW/ - Ensign Energy Services Inc. announces the
declaration of a 4.8% increase in its regular quarterly dividend to $0.11
(eleven cents) per Common Share.
The Board of Directors of Ensign has declared the dividend of $0.11 per Common
Share to be payable on January 4, 2013 to all Common Shareholders of record as
of December 21, 2012. The dividend payment is pursuant to the quarterly
dividend policy adopted by the Company.
The total dividends declared by Ensign for its 2012 fiscal year amount to
$0.425 per Common Share, a 9.0% increase over the total dividends of $0.39 per
Common Share declared for the 2011 fiscal year. Ensign has increased the
cumulative amount of dividends declared in each fiscal year since the Company
began paying a dividend in September, 1995.
Pursuant to subsection 89(1) of the Canadian Income Tax Act ("ITA"), the
dividend being paid is designated as an "eligible dividend", as defined in
subsection 89(1) of the ITA.
Ensign Energy Services Inc. is an international oilfield services contractor
based in Calgary, Alberta. Ensign Common Shares (symbol: ESI) are publicly
traded through the facilities of the Toronto Stock Exchange.
Ensign Energy Services Inc. 1000, 400 - 5th Avenue S.W. Calgary, Alberta T2P
0L6 Mr. Glenn Dagenais, Executive Vice President Finance and Chief Financial
Officer Telephone: (403) 262-1361
SOURCE: Ensign Energy Services Inc.
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CO: Ensign Energy Services Inc.
NI: OIL DIV
-0- Nov/07/2012 23:35 GMT
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