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Tim Hortons (THI) Declares $0.10 CDN Quarterly Dividend; 1.3% Yield

October 30, 2009 8:29 AM EDT
Tim Hortons Inc. (NYSE: THI) today announced the Board of Directors has declared a quarterly dividend of $0.10 CDN per share, or $0.40 CDN annualized.

The dividend is payable on December 15th, 2009 to shareholders of record as of December 1st, 2009. The ex-dividend date is November 27, 2009.

Yield on the dividend is 1.3%.

Tim Hortons Inc. engages in the development and franchising of quick-service restaurants in the United States and Canada.

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