Sept 3 (Reuters) - McCoy Global Inc MCB.TO :
* Suspends quarterly dividend
* Says of directors has approved the suspension of the quarterly dividend
payment, effective the third quarter of 2015
* Given the challenging market environment and uncertainty as to when oil
prices will recover, board suspended quarterly dividend
* Says recently executed on cost containment initiatives including reductions
in organizational headcount
* Source text for Eikon ID:nCNWVGZfGa
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