VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 16, 2013) - Coast Wholesale Appliances Inc. (TSX:CWA) (Coast) today announced a cash dividend of $0.025 per share for the month of October 2013. The dividend is to be paid November 5, 2013 to shareholders of record on October 25, 2013. At current levels, Coast's monthly dividend equates to $0.30 per share on an annualized basis.
Coast is a leading independent supplier of major household appliances and accessories to developers and builders of multi-family and single-family housing, and to retail customers. Founded in 1978, Coast currently operates 16 stores, with 15 locations across the four western provinces and one store in the Greater Toronto Area.
FOR FURTHER INFORMATION PLEASE CONTACT: Coast Wholesale Appliances Inc. Gordon Howie Chief Financial Officer (604) 301-3400 firstname.lastname@example.org www.coastwholesaleappliancesinc.com Source: Coast Wholesale Appliances Inc.