Tidewater announces third quarter dividend

CALGARY, Sept. 21, 2018 /CNW/ - Tidewater Midstream and Infrastructure Ltd. ("Tidewater" or the "Corporation") is pleased to announce that its Board has declared a dividend for the third quarter 2018 of $0.01 per common share payable on or about October 31, 2018 to shareholders of record on September 28, 2018.  The ex-dividend date is September 27, 2018. This dividend is an eligible dividend for the purpose of the Income Tax Act (Canada).

The Corporation's Business

Tidewater is traded on the TSX under the symbol "TWM". Tidewater's business objective is to build a diversified midstream and infrastructure company in the North American natural gas and natural gas liquids ("NGL") space. Its strategy is to profitably grow and create shareholder value through the acquisition and development of oil and gas infrastructure. Tidewater plans to achieve its business objective by providing customers with a full service, vertically integrated value chain through the acquisition and development of oil and gas infrastructure including: gas plants, pipelines, railcars, trucks, export terminals and storage facilities.

SOURCE Tidewater Midstream and Infrastructure Ltd.