WINNIPEG, MB, March 15, 2021 /CNW/ - (TSX: NFI) NFI Group Inc.
(the "Company") today declared a quarterly dividend for the period
January 1, 2021 to March 31, 2021 on the common shares of the
Company (the "Shares") in the amount of C$0.2125 per Share to holders of record at the
close of business on March 31,
2021. The dividend will be payable on April 15, 2021.
The dividends on the Shares are designated as "eligible
dividends" for purposes of the enhanced dividend tax credit rules
contained in the Income Tax Act (Canada) and any corresponding provincial and
territorial tax legislation.
About the Company
Leveraging 450 years of combined experience, the Company is
leading the electrification of mass mobility around the world. With
zero-emission buses and coaches, infrastructure, and technology,
the Company meets today's urban demands for scalable smart mobility
solutions. Together, the Company is enabling more livable cities
through connected, clean, and sustainable transportation.
With 8,000 team members in ten countries, the Company is a
leading global bus manufacturer of mass mobility solutions under
the brands New Flyer® (heavy-duty transit buses),
MCI® (motor coaches), Alexander Dennis Limited (single
and double-deck buses), Plaxton (motor coaches), ARBOC®
(low-floor cutaway and medium-duty buses), and NFI Parts™. The
Company currently offers the widest range of sustainable drive
systems available, including zero-emission electric (trolley,
battery, and fuel cell), natural gas, electric hybrid, and clean
diesel. In total, the Company supports its installed base of over
105,000 buses and coaches around the world. The Company common
shares are traded on the Toronto Stock Exchange under the symbol
"NFI". News and information is available at www.nfigroup.com,
www.newflyer.com, www.mcicoach.com, www.arbocsv.com,
www.alexander-dennis.com, and www.nfi.parts.
Forward-Looking Statements
This press release may contain forward-looking statements
relating to expected future events and financial and operating
results of the Company that involve risks and uncertainties.
Actual results will likely differ materially from management
expectations as projected in such forward-looking statements for a
variety of reasons, including, but not limited to, the adverse
impact of the COVID-19 pandemic on the Company's business,
financial condition, liquidity and operating results and its cash
flow and liquidity and its ability to maintain compliance with the
covenants under its credit facilities, which may also negatively
impact the ability of the Company to fund dividends; and the other
risks and uncertainties detailed in the disclosure documents filed
with the Canadian securities regulatory authorities and available
on SEDAR at www.sedar.com. Due to the potential impact of
these factors, the Company disclaims any intention or obligation to
update or revise any forward-looking statements, whether as a
result of new information, future events or otherwise, unless
required by applicable law.
SOURCE NFI Group Inc.
