Dividend Information 2020

Dividend Information 2020

Dividend Payments

Period

Record Date

Payment Date

Dividend per Share

Oct 2020

Oct 15, 2020

Oct 30, 2020

Dividend per Share: $0.01667

Period: Sep 2020

Record Date​: Sep 15, 2020

Payment Date: Sep 30, 2020

Dividend per Share: $0.01667

Period: Aug 2020

Record Date​: Aug 14, 2020

Payment Date: Aug 31, 2020

Dividend per Share: $0.01667

Period: Jul 2020

Record Date​: Jul 15, 2020

Payment Date: Jul 31, 2020

Dividend per Share: $0.01667

Period: Jun 2020

Record Date​: Jun 15, 2020

Payment Date: Jun 30, 2020

Dividend per Share: $0.01667

Period: May 2020

Record Date​: May 15, 2020

Payment Date: May 29, 2020

Dividend per Share: $0.01667

Period: Apr 2020

Record Date​: Apr 15, 2020

Payment Date: Apr 30, 2020

Dividend per Share: $0.01667

Period: Mar 2020

Record Date​: Mar 16, 2020

Payment Date: Mar 31, 2020

Dividend per Share: $0.01958

Period: Feb 2020

Record Date​: Feb 13, 2020

Payment Date: Feb 28, 2020

Dividend per Share: $0.01917

Period: Jan 2020

Record Date​: Jan 15, 2020

Payment Date: Jan 31, 2020

Dividend per Share: $0.01917

Period: Jan 2020

Record Date​: Jan 15, 2020

Payment Date: Jan 31, 2020

Dividend per Share: $0.01917

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.