MORNEAU SHEPELL INC. DECLARES OCTOBER 2012 CASH DIVIDEND
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TORONTO, ON – October 18, 2012 – (TSX: MSI) Morneau Shepell Inc. (“MSI”) announced today a cash dividend of $0.065 per share for the month of October 2012, to be paid on November 15, 2012 to holders of record of shares of MSI on October 31, 2012.
MSI designates this dividend to be an “eligible dividend” pursuant to subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation.
Morneau Shepell is the largest Canadian-based firm offering consulting and outsourcing services for workforce programs. The company works with clients to develop innovative solutions that integrate with their business strategies to achieve results. Through health and productivity, administrative, and retirement solutions, Morneau Shepell helps clients reduce costs, increase employee productivity, and improve their competitive positions by supporting their employees’ financial security, health and well-being.
Established in 1966, Morneau Shepell Inc. serves over 8,000 clients, ranging from small businesses to some of the largest corporations and associations in North America. With approximately 2,800 employees in offices across North America, we provide services to organizations across Canada, in the United States and around the globe.
Morneau Shepell Inc. is a publicly traded company on the Toronto Stock Exchange (TSX). For more information, visit www.morneaushepell.com.
Morneau Shepell Inc.