All financial figures are in Canadian dollars
CALGARY, Aug. 7, 2012 /PRNewswire/ - Gibson Energy Inc. ("Gibson"), (TSX: GEI), announced today that its Board of Directors has approved a quarterly dividend of $0.25 per share to shareholders of record at the close of business on September 28, 2012. The dividend is expected to be paid on October 17, 2012. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Gibson's dividends are subject to Canadian withholding tax.
Gibson is one of the largest independent midstream energy companies in Canada and a major participant in the crude oil transportation business in the United States, and is engaged in the movement, storage, blending, processing, marketing and distribution of crude oil, condensate, natural gas liquids, and refined products. Gibson transports hydrocarbons by utilizing its integrated network of terminals, pipelines, storage tanks, and truck fleet located throughout western Canada and the United States. Gibson is also involved in the processing, blending and marketing of hydrocarbons, provision of water disposal and oilfield waste management services and is the second largest retail propane distribution company in Canada.
SOURCE Gibson Energy Inc.