Just Energy Group Inc. (JE.TO: Quote) announced that as regards to fiscal 2013, given the published growth forecast and results to date, management can confirm that there is no need to reduce the dividend within the company's planning period. Accordingly, Just Energy reaffirms its $1.24 dividend.
Also, the company wishes to reaffirm that early results for fiscal 2013 are consistent with the company's published guidance of 10% to 12% growth in margin and 8% to 10% growth in Adjusted EBITDA.
Just Energy said it is issuing this press release in response to unusual trading activity in its shares and market rumours that the company needs to or intends to reduce its current $1.24 dividend.
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by RTT Staff Writer
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