Newalta: Quarterly Cash Dividend of $0.08 per Common Share

Oil and Gas Investing

Newalta (TSX:NAL) announced a quarterly cash dividend of $0.08 per common share for the first four months of 2012.

Newalta (TSX:NAL) announced a quarterly cash dividend of $0.08 per common share for the first four months of 2012.

As quoted in the press release:

Newalta expects that the dividends will be “eligible dividends” for income tax purposes and thus qualify for the enhanced gross-up and tax credit regime for certain shareholders.

Click here to read the Newalta (TSX:NAL) press release.