Dividend Information 2019

Dividend Information 2019

Dividend Payments

Period

Record Date

Payment Date

Dividend per Share

Period: Dec 2019

Record Date​: Dec 13, 2019

Payment Date: Dec 31, 2019

Dividend per Share: $0.01917

Period: Nov 2019

Record Date​: Nov 15, 2019

Payment Date: Nov 29, 2019

Dividend per Share: $0.01854

Period: Oct 2019

Record Date​: Oct 15, 2019

Payment Date: Oct 31, 2019

Dividend per Share: $0.01854

Period: Sep 2019

Record Date​: Sep 16, 2019

Payment Date: Sep 30, 2019

Dividend per Share: $0.01854

Period: Aug 2019

Record Date​: Aug 15, 2019

Payment Date: Aug 30, 2019

Dividend per Share: $0.01854

Period: Jul 2019

Record Date​: Jul 15, 2019

Payment Date: Jul 31, 2019

Dividend per Share: $0.01854

Period: Jun 2019

Record Date​: Jun 14, 2019

Payment Date: Jun 28, 2019

Dividend per Share: $0.01854

Period: May 2019

Record Date​: May 15, 2019

Payment Date: May 31, 2019

Dividend per Share: $0.01854

Period: Apr 2019

Record Date​: Apr 15, 2019

Payment Date: Apr 30, 2019

Dividend per Share: $0.01854

Period: Mar 2019

Record Date​: Mar 15, 2019

Payment Date: Mar 29, 2019

Dividend per Share: $0.01854

Period: Feb 2019

Record Date​: Feb 13, 2019

Payment Date: Feb 28, 2019

Dividend per Share: $0.01854

Period: Jan 2019

Record Date​: Jan 15, 2019

Payment Date: Jan 31, 2019

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.