WaterFurnace to pay 4Q dividend

In Indiana, ground-source geothermal system manufacturer WaterFurnace Renewable Energy, Inc. said its board has approved a regular quarterly dividend of $0.19 per share to be paid March 1. Fourth quarter and year end results will be announced after the close of business on March 10. It is the second consecutive quarter that the company has paid the dividend. While its sales in the third quarter were below the 2008 record, earnings levels were maintained. WaterFurnace is traded in both Canadian dollars and U.S. dollars on the Toronto Stock Exchange.