Ensign Energy Services Inc. - Increase in Fourth Quarter Dividend
CALGARY, Nov. 7, 2013 /CNW/ - Ensign Energy Services Inc. announces the
declaration of a 6.8% increase in its regular quarterly dividend to $0.1175
(eleven and three quarter cents) per Common Share.
The Board of Directors of Ensign has declared the dividend of $0.1175 per
Common Share to be payable on January 6, 2014 to all Common Shareholders of
record as of December 20, 2013. The dividend payment is pursuant to the
quarterly dividend policy adopted by the Company.
The total dividends declared by Ensign for its 2013 fiscal year amount to
$0.4475 per Common Share, a 5.3% increase over the total dividends of $0.425
per Common Share declared for the 2012 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.
SOURCE Ensign Energy Services Inc.
Ensign Energy Services Inc. 1000, 400 - 5th Avenue S.W. Calgary, Alberta T2P
Mr. Glenn Dagenais, Executive Vice President Finance and Chief Financial
Officer Telephone: (403) 262-1361
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CO: Ensign Energy Services Inc.
NI: OIL DIV
-0- Nov/08/2013 01:21 GMT
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