Cervus Equipment Corporation announced that the Board of Directors approved a fourth quarter 2020 dividend of $0.06 per share, to be paid on or about January 15, 2021, to Cervus shareholders of record as at December 31, 2020. This partially restores $0.045 per share of quarterly dividends that had been temporarily reallocated to share repurchases under the Company's Normal Course Issuer's Bid (NCIB). During 2020, Cervus repurchased 290,000 shares at an average cost of $7.35 per share, resulting in a distribution of $2.1 million under the NCIB.