Cott Corp. (COT) Declares $0.06 Quarterly Dividend; Approves 5% Buyback

Cott Corp. (NYSE: COT) declared a quarterly dividend of $0.06 per share, or $0.24 annualized.

The dividend will be payable on June 18, 2014, to stockholders of record on June 6, 2014, with an ex-dividend date of June 4, 2014.

The annual yield on the dividend is 3 percent.

Cott's Board of Directors has approved the renewal of its share repurchase program, subject to compliance with the annual limits established by the Toronto Stock Exchange ("TSX"), which gives management the authority to opportunistically repurchase up to 5% of Cott's outstanding common shares over a 12-month period commencing upon the expiration of Cott's currently effective share repurchase program on May 21, 2014. Cott may repurchase its common shares under the program in open market transactions and privately negotiated repurchases through either a 10b5-1 automatic trading plan or at management's discretion in compliance with regulatory requirements, and given market, cost and other considerations.

For a dividend history and other dividend-related data on Cott Corp. (COT) click here.

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