VANCOUVER, BC, Sept. 18,
2023 /CNW/ - Westshore Terminals Investment
Corporation (TSX: WTE) ("Westshore"
or the "Corporation") announced today that a
dividend of $0.35 per share will be
paid on or before October 15, 2023 to
shareholders of record on September 30, 2023. The dividend
will be designated an "eligible
dividend" for Canadian tax purposes.
Through August 31, 2023 Westshore
loaded 18.4 million tonnes compared to 17.7 million tonnes for the
same period in 2022. Based on the most recent information provided
by Westshore's customers, performance year to date and anticipated
rail performance, 2023 throughput volumes are anticipated to be in
excess of 27.5 million tonnes.
The foregoing statements concerning anticipated throughput volumes,
and the level of future dividends are
forward-looking statements that reflect the current expectations of
the Corporation with respect to future events and performance.
Forward-looking statements should not be read as guarantees of
future performance or results and will not necessarily be accurate
indications of
whether such performance or results will be achieved.
Forward-looking statements are based on information available at
the time they are made,
assumptions made by management, and management's good faith belief with respect to
future events and will be impacted by and are subject to the risks
and uncertainties outlined in the
Corporation's Annual Information Form
that could cause actual performance or results to
differ materially from those reflected in the forward-looking
statements, historical results or current expectations.
SOURCE Westshore Terminals Investment Corporation