TORONTO, Aug. 9 /CNW/ - Canadian Tire Corporation, Limited (CTC, CTC.a) has declared a quarterly dividend of $0.185 per share on each Common and Class A Non-Voting share. The dividend is payable December 3, 2007 to Common and Class A shareholders of record as of October 31, 2007. The dividend is considered an "eligible dividend" for tax purposes.
Canadian Tire Corporation, Limited (TSX: CTC.a, CTC), operates more than 1,100 general merchandise and apparel retail stores, gas stations and car washes in an inter-related network of businesses engaged in retail, financial services and petroleum. Canadian Tire Retail, Canada's most shopped general merchandise retailer, with 466 stores operated by Associate Dealers across Canada offers a unique mix of products and services through three specialty categories in which the organization is the market leader - Automotive, Sports and Leisure, and Home Products. www.canadiantire.ca offers Canadians the opportunity to shop online. PartSource is an automotive parts specialty chain with 67 stores designed to meet the needs of purchasers of automotive parts - professional automotive installers and serious do-it-yourselfers. Canadian Tire Petroleum is one of the country's largest and most productive independent retailers of gasoline, operating 264 gas bars, 256 convenience stores and kiosks, and 75 car washes. Mark's Work Wearhouse is one of the country's leading apparel retailers operating 341 stores in Canada. Under the Clothes that Work(TM) marketing strategy, Mark's sells apparel and footwear in work, work-related, casual and active-wear categories, as well as health-care and business-to-business apparel. www.marks.com offers Canadians the opportunity to shop online. Canadian Tire Financial Services manages over 4 million Canadian Tire MasterCard accounts and markets related financial products and services for retail and petroleum customers. Canadians can also access Financial Services online at www.ctfs.com. Over 50,000 Canadians work across Canadian Tire's organization from coast-to-coast in the enterprise's retail, financial services, and petroleum businesses.