EDMONTON, Mar. 10, 2010 (Canada NewsWire Group) -- /CNW/ -- ZCL Composites Inc. (TSX: ZCL) is pleased to announce the declaration of a cash dividend.
ZCL's Board of Directors has resolved to move to a quarterly dividend policy. The Board also declared a quarterly cash dividend of $0.03 per common share for shareholders of record on April 8, 2010, which will be paid on April 22, 2010. Pursuant to this new policy, the Board will review the amount of the dividend on a quarterly basis hereafter.
About ZCL Composites
ZCL is North America's largest manufacturer and supplier of environmentally friendly fiberglass underground storage tanks. ZCL's complete fuel storage systems, marketed under the "Prezerver" trademark, carry enhanced coverage against pollution of up to $2 million. More information about ZCL is available on its website at www.zcl.com.