Dividend Information 2016

Dividend Information 2016

Dividend Payments

Period

Record Date

Payment Date

Dividend per Share

Period: Dec 2016

Record Date​: Dec 14, 2016

Payment Date: Dec 30, 2016

Dividend per Share: $0.01854

Period: Nov 2016

Record Date​: Nov 15, 2016

Payment Date: Nov 30, 2016

Dividend per Share: $0.01854

Period: Oct 2016

Record Date​: Oct 14, 2016

Payment Date: Oct 31, 2016

Dividend per Share: $0.01854

Period: Sep 2016

Record Date​: Sep 15, 2016

Payment Date: Sep 30, 2016

Dividend per Share: $0.01854

Period: Aug 2016

Record Date​: Aug 15, 2016

Payment Date: Aug 31, 2016

Dividend per Share: $0.01854

Period: Jul 2016

Record Date​: Jul 15, 2016

Payment Date: Jul 31, 2016

Dividend per Share: $0.01854

Period: Jun 2016

Record Date​: Jun 15, 2016

Payment Date: Jun 30, 2016

Dividend per Share: $0.01854

Period: May 2016

Record Date​: May 16, 2016

Payment Date: May 31, 2016

Dividend per Share: $0.01854

Period: Apr 2016

Record Date​: Apr 15, 2016

Payment Date: Apr 29, 2016

Dividend per Share: $0.01854

Period: Mar 2016

Record Date​: Mar 15, 2016

Payment Date: Mar 31, 2016

Dividend per Share: $0.01854

Period: Feb 2016

Record Date​: Feb 12, 2016

Payment Date: Febr 29, 2016

Dividend per Share: $0.01854

Period: Jan 2016

Record Date​: Jan 15, 2016

Payment Date: Jan 29, 2016

Dividend per Share: $0.01854

Dividend Reinvestment Plan

When active, the Dividend Reinvestment Plan (DRIP) allows eligible holders of the Company’s common shares to reinvest some or all cash dividends paid in respect of their common shares in additional common shares of the Company. At the Company’s election, these additional common shares may be issued from treasury or purchased on the open market. If the Company elects to issue common shares from treasury, the common shares will be purchased under the DRIP at a 3% discount to the volume weighted average of the closing price for the common shares on the TSX for the five trading days immediately preceding the relevant dividend payment date. The Company may, from time to time, change or eliminate the discount applicable to common shares issued from treasury.

As announced on March 31, 2020, starting with the April 2020 monthly dividend, the Board approved the temporary suspension of the DRIP until further notice as the Board does not believe it is in the best interests of the Company or its shareholders to issue shares at current prices.