Tim Hortons (THI) Declares $0.17 Quarterly Dividend; 1.6% Yield

Tim Hortons (NYSE: THI) declared a quarterly dividend of $0.17 per share, or $0.68 annualized.

The dividend will be payable on September 7, 2011, to stockholders of record on August 22, 2011, with an ex-dividend date of August 18, 2011.

The annual yield on the dividend is 1.6 percent.

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