Parkland Fuel Corporation Announces January 2014 Dividend
RED DEER, ALBERTA -- (Marketwired) -- 01/13/14 -- Parkland Fuel
Corporation (TSX:PKI) ("Parkland" or the "Corporation"), Canada's
largest independent fuel distributor and marketer, today announced
that a dividend of $0.0867 per share will be paid on February 14,
2014 to shareholders of record on January 22, 2014. The dividend will
be an 'eligible dividend' for Canadian income tax purposes. The
ex-dividend date is January 20, 2014.
Shareholders who wish to enroll for the first time in the Premium
Dividend(TM) or enhanced Dividend Reinvestment Plan must do so prior
to the January 20, 2014 ex-dividend date if they wish to participate
in the Plan for this month's dividend.
Brokerage entitlement and corporate actions departments are
encouraged to ensure that they have properly elected with Clearing
and Depository Services Inc. ("CDS") those shares that should
participate in each component of the Plan no later than January 21,
2014, the business day prior to the record date.
Premium Dividend(TM) and enhanced Dividend Reinvestment Plan
In addition to the option of receiving a monthly cash dividend of
$0.0867 per share, the Premium Dividend(TM) and enhanced Dividend
Reinvestment Plan provide Canadian shareholders with the following
-- The Premium Dividend(TM) - this provides eligible shareholders with a 2%
cash premium in addition to their regular cash dividend. Participants in
this option will receive $0.0884 per share on the dividend payment date.
-- Dividend Reinvestment - this allows shareholders to repurchase shares
with their dividend at a 5% discount to the volume weighted average
price as defined by the Plan.
Those shareholders who do not elect to participate in the Premium
Dividend(TM) and enhanced Dividend Reinvestment Plan will still
receive their regular monthly dividend of $0.0867 per share.
Shareholders who own their shares through a brokerage and who wish to
participate in either component of the Plan should call their broker
and instruct them to enroll their shares in one of the two options.
Shareholders who hold certificates in their own name (registered
shareholders) who wish to enroll can find out more from the Valiant
Trust Company website at www.valianttrust.com or by calling
Additional information can also be found at:
Alternatively, please contact Parkland Investor Relations by using
the information below.
About Parkland Fuel Corporation
Parkland Fuel Corporation is Canada's largest independent marketer
and distributor of petroleum products, managing a nationwide network
of sales channels. We are Canada's local fuel company, delivering
gasoline, diesel fuel, lubricants, heating oil and other products to
businesses, consumers and wholesale customers through community based
operators who care.
To sign up for Parkland's investor information services, please go to
http://bit.ly/PKI-Info or visit www.parkland.ca.
Parkland Fuel Corporation - Investor and Media Inquiries
Manager of Investor Relations
1-800-662-7177 ext. 2533
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