Red Deer, Alberta, January 11, 2012 - Parkland Fuel
Corporation ("Parkland" or the
"Corporation") (TSX: PKI), Canada's largest
independent fuel distributor and marketer, today announced
that a dividend of $0.085 per share will be paid on February
15, 2012 to shareholders of record on January 20, 2012. The
dividend will be an 'eligible dividend' for
Canadian income tax purposes. The ex-dividend date is January
18, 2012.
Shareholders who wish to enroll for the first time in the
Premium Dividend™ or enhanced Dividend Reinvestment Plan must
do so prior to the January 18, 2012 ex-dividend date if they
wish to participate in the Plan for this month's
dividend.
Brokerage entitlement and corporate actions departments are
encouraged to ensure that they have properly elected with
Clearing and Depository Services Inc. ("CDS") those shares
that should participate in each component of the Plan no
later than January 19, 2012, the business day prior to the
record date.
In addition to the option of receiving a monthly cash dividend of $0.085 per share, the Premium Dividend™ and enhanced Dividend Reinvestment Plan provide Canadian shareholders with the following options: