Big Rock posted a healthy Q3 profits increase

Big Rock posted a healthy Q3 profits increase

Big Rock Brewery has confirmed details of its latest dividend payment.

The Canadian craft brewer, which posted a 35% jump in third-quarter net profits last month, said yesterday (19 December) that its next quarterly pay-out will be US$0.20 per share. Payment will be made to common stock-holders on 15 January to shareholders of record on 31 December.

The shares will commence trading on an ex-dividend basis on 27 December, Big Rock said.

In September, former Big Rock Brewery president Bill McKenzie took the helm at fellow Canadian craft brewer Wild Rose Brewery. McKenzie resigned from Big Rock in March.