Tim Hortons Inc. Board Declares Quarterly Dividend of $0.10 Per Share

Yahoo Finance -- Tim Hortons Inc. (NYSE: THI, TSX: THI) today announced the Board of Directors has declared a dividend of $0.10 per share payable on June 16th, 2009 to shareholders of record as of June 2nd, 2009. The Company's current dividend policy is to pay a total of 20%-25% of prior year, normalized annual net earnings in dividends each year, returning value to shareholders based on the Company's earnings growth.