Canadian Utilities Limited Eligible Dividends
10 1월 2014 - 7:24AM
Marketwired Canada
The Board of Directors of Canadian Utilities Limited, an ATCO Company, today
declared a first quarter dividend of 26.75 cents per Class A non-voting (TSX:CU)
and Class B common share (TSX:CU.X), a 10% increase over the 24.25 cents paid in
each of the four previous quarters. The dividend is payable March 1, 2014, to
shareholders of record on February 6, 2014.
The Board also declared the following Cumulative Redeemable Second Preferred
Share dividends:
TSX Stock Dividend Record Date Payment Date
Shares Symbol Per Share ($) (2014) (2014)
----------------------------------------------------------------------------
Series Y 4.00% CU.PR.C 0.25000 06-Feb 01-Mar
Series AA 4.90% CU.PR.D 0.30625 06-Feb 01-Mar
Series BB 4.90% CU.PR.E 0.30625 06-Feb 01-Mar
Series CC 4.50% CU.PR.F 0.28125 06-Feb 01-Mar
Series DD 4.50% CU.PR.G 0.28125 06-Feb 01-Mar
These dividends are eligible dividends within the meaning of the Income Tax Act
(Canada).
Canadian Utilities Limited has a Dividend Reinvestment Plan (DRIP) available to
eligible holders of Class A non-voting shares and Class B common shares.
Eligible shareholders may reinvest the cash dividends paid on their common
shares to purchase new Class A non-voting shares from treasury at a two percent
discount to the volume weighted average price as defined in the DRIP. For more
information visit: www.canadianutilities.com or the CST Trust Company website at
www.canstockta.com.
ATCO Ltd., as controlling shareholder of Canadian Utilities Limited, intends to
participate in the DRIP to maintain its controlling interest in the company.
Canadian Utilities Limited, an ATCO company, with more than 7,100 employees and
assets of approximately $15 billion, delivers service excellence and innovative
business solutions worldwide with leading companies engaged in utilities
(pipelines, natural gas and electricity transmission and distribution), energy
(power generation, natural gas gathering, processing, storage and liquids
extraction) and technologies (business systems solutions).
FOR FURTHER INFORMATION PLEASE CONTACT:
B.R. (Brian) Bale
Senior Vice President & Chief Financial Officer
Canadian Utilities Limited
(403) 292-7502
www.canadianutilities.com
Canadian Utilities (TSX:CU.PR.F)
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