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OKOTOKS, Alberta - Mullen Group Ltd. (TSX:MTL) announced Monday that its Board of Directors has declared a monthly dividend of $0.07 per common share, payable to shareholders of record as of September 30, 2025.
The dividend will be paid on October 15, 2025, according to a press release from the transportation and logistics company. For Canadian resident shareholders, this dividend qualifies as an "eligible dividend" for purposes of the enhanced dividend tax credit rules under Canadian tax legislation.
Mullen Group operates one of North America’s largest portfolios of logistics companies, providing transportation, warehousing and distribution services through independently operated businesses. The company’s service offerings include less-than-truckload, customs brokerage, truckload, warehousing, logistics, transload, oversized, third-party logistics and specialized hauling transportation. According to InvestingPro analysis, the company appears slightly overvalued at current levels, despite impressive year-to-date returns of 141% and robust revenue growth of 30%.
The company also provides specialized services for the energy, mining, forestry and construction industries in western Canada, including water management, fluid hauling and environmental reclamation.
Mullen Group is listed on the Toronto Stock Exchange under the symbol "MTL".
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