Cervus Equipment Corp., one John Deere’s largest retailers of John Deere farm equipment in Western Canada, announced that the board of directors of Cervus has approved a cash dividend to Cervus shareholders of $0.1875 per share for the third quarter of 2012. Payment will be made on or about October 15, 2012 to shareholders of record as of the close of business on September 28, 2012. Investors are cautioned that quarterly dividends are always subject to approval from the board of directors of Cervus, and may be increased, decreased or suspended by the board at anytime.
Cervus acquires and manages authorized agricultural, commercial, industrial and transportation equipment dealerships with interests in 56 dealerships located in Western Canada, New Zealand, and Australia. The primary equipment brands represented by Cervus include John Deere agricultural equipment; Bobcat and JCB construction equipment; Clark, Sellick, Nissan and Doosan material handling equipment; and Peterbilt transportation equipment. The common shares of Cervus are listed on the Toronto Stock Exchange and trade under the symbol "CVL".
For further information, please contact:
Graham Drake – President & CEO
Telephone: (403) 567â€?2095
Fax: (403) 567â€?0392 Email: email@example.com
Randy Muth â€? Chief Financial Officer
Telephone: (403) 567â€?2097
Fax: (403) 567â€?0392 Email: firstname.lastname@example.org