Mullen Group Ltd. Announces Declaration of Monthly Dividend

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OKOTOKS, AB, Oct. 18, 2022 /PRNewswire/ - (TSX:MTL) The Board of Directors of Mullen Group Ltd. ("Mullen Group","We", "Our" and/or the "Corporation") announced today that it has declared a monthly dividend of $0.06 per Common Share payable to the holders of record of Common Shares at the close of business on October 31,2022.

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Provider:

PR Newswire

Retrieved on:

Tuesday, October 18, 2022

Information

Tags:

Transport, TSX, Strategic planning, Indian stock exchange, Board of directors, Technology, Income Tax Act 2007, Board, MTL, Forestry, AB, Income Tax Act, Mining, Holding company

Geotags:

ALBERTA, CANADA

Organisation:

MULLEN GROUP LTD.

Stock Symbol:

Toronto:MTL

Summary

Key Points:

OKOTOKS, AB, Oct. 18, 2022 /PRNewswire/ - (TSX:MTL) The Board of Directors of Mullen Group Ltd. ("Mullen Group","We", "Our" and/or the "Corporation") announced today that it has declared a monthly dividend of $0.06 per Common Share payable to the holders of record of Common Shares at the close of business on October 31,2022.
The dividend will be paid on November 15, 2022.
For Canadian resident shareholders, this dividend is designated as an "eligible dividend" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.
Mullen Group is one of North America's largest logistics providers.

Mullen Group Ltd. Announces Declaration of Monthly Dividend

OKOTOKS, AB, Oct. 18, 2022 /PRNewswire/ - (TSX: MTL) The Board of Directors of Mullen Group Ltd. ("Mullen Group", "We", "Our" and/or the "Corporation") announced today that it has declared a monthly dividend of $0.06 per Common Share payable to the holders of record of Common Shares at the close of business on October 31, 2022. The dividend will be paid on November 15, 2022.

For Canadian resident shareholders, this dividend is designated as an "eligible dividend" for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.

About Mullen Group Ltd.

Mullen Group is one of North America's largest logistics providers. Our network of independently operated businesses provide a wide range of service offerings including less-than-truckload, truckload, warehousing, logistics, transload, oversized, third-party logistics and specialized hauling transportation. In addition, we provide a diverse set of specialized services related to the energy, mining, forestry and construction industries in western Canada, including water management, fluid hauling and environmental reclamation. The corporate office provides the capital and financial expertise, legal support, technology and systems support, shared services and strategic planning to its independent businesses.

Mullen Group is a publicly traded corporation listed on the Toronto Stock Exchange under the symbol "MTL". Additional information is available on our website at www.mullen-group.com or on the Corporation's issuer profile on SEDAR at www.sedar.com.

Contact Information

Mr. Murray K. Mullen - Chair, Senior Executive Officer and President
Mr. Richard J. Maloney - Senior Operating Officer
Mr. Carson P. Urlacher - Senior Accounting Officer
Ms. Joanna K. Scott - Senior Corporate Officer

121A - 31 Southridge Drive
Okotoks, Alberta, Canada T1S 2N3
Telephone: 403-995-5200
Fax: 403-995-5296

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SOURCE Mullen Group Ltd.