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North American Construction Group Ltd. Announces Regular Quarterly Dividend

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North American Construction Group (NOA) has announced its regular quarterly dividend payment. The company's Board of Directors has declared a dividend of $0.12 CAD per common share. The dividend will be distributed to shareholders who are on record as of March 13, 2025, with the payment scheduled for April 9, 2025. The company has confirmed that this dividend qualifies as an eligible dividend for Canadian income tax purposes.

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Positive

  • Regular quarterly dividend maintained at $0.12 CAD
  • Dividend qualifies for Canadian tax benefits

Negative

  • None.

News Market Reaction 1 Alert

-0.44% News Effect

On the day this news was published, NOA declined 0.44%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

ACHESON, Alberta, Feb. 25, 2025 (GLOBE NEWSWIRE) -- On February 24, 2025, the North American Construction Group Ltd. (“NACG” or “the Company”) (TSX:NOA.TO/NYSE:NOA) Board of Directors declared a regular quarterly dividend (the "Dividend") of twelve Canadian cents ($0.12) per common share, payable to common shareholders of record at the close of business on March 13, 2025. The Dividend will be paid on April 9, 2025, and is an eligible dividend for Canadian income tax purposes.

About the Company

North American Construction Group Ltd. is a premier provider of heavy civil construction and mining services in Canada, the U.S. and Australia. For 70 years, NACG has provided services to the mining, resource and infrastructure construction markets.

For further information, please contact:
Jason Veenstra, CPA, CA
Chief Financial Officer
North American Construction Group Ltd.
Phone: (780) 960-7171
Email: ir@nacg.ca


FAQ

What is the amount of NOA's quarterly dividend payment for Q1 2025?

NOA's quarterly dividend payment is CAD $0.12 per common share.

When is the record date for NOA's latest dividend?

The record date is March 13, 2025.

When will NOA pay its recently announced quarterly dividend?

The dividend payment will be made on April 9, 2025.

Is NOA's quarterly dividend eligible for Canadian tax purposes?

Yes, the dividend is confirmed as eligible for Canadian income tax purposes.
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