TORONTO, ONTARIO–(Marketwired – Aug. 20, 2014) – EnerCare Inc. ("EnerCare") (TSX:ECI) today announced a cash dividend of $0.0604 per common share for the month of August 2014. The dividend will be payable on September 30, 2014 to shareholders of record at the close of business on August 29, 2014. This dividend is designated as an "eligible dividend" for Canadian income tax purposes.
EnerCare owns a portfolio of approximately 1.1 million installed water heaters and other assets, rented primarily to residential customers in Ontario. EnerCare also owns EnerCare Connections Inc., a leading sub-metering company, with metering contracts for condominium and apartment suites in Ontario, Alberta and elsewhere in Canada.
For further information: