Altus Group Limited Announces First Quarter Dividend
11 März 2014 - 10:49PM
Marketwired
Altus Group Limited Announces First Quarter Dividend
TORONTO, ONTARIO--(Marketwired - Mar 11, 2014) - Altus Group
Limited ("Altus Group" or "the Company") (TSX:AIF) announced today
that the Board of Directors has approved the payment of a cash
dividend of $0.15 per share for the first quarter ending March 31,
2014.
Payment will be made on April 15, 2014 to shareholders of record
as at March 31, 2014.
Altus Group confirms its Dividend Reinvestment Plan ("DRIP"),
under which eligible shareholders may direct their cash dividends
to be reinvested in additional common shares of the Company. Altus
Group intends to issue shares from treasury at a price equal to 96%
of the weighted average closing price of the shares for the five
trading days preceding the dividend payment date.
Full details of the DRIP program are available on the Company
website at
http://www.altusgroup.com/investor-relations/shareholder-information.aspx.
Altus Group hereby designates all dividends paid or deemed to be
paid as "eligible dividends" for purposes of subsection 89(14) of
the Income Tax Act (Canada), and similar provincial and
territorial legislation, unless indicated otherwise.
About Altus Group Limited
Altus Group is a leading provider of independent commercial real
estate consulting and advisory services, software and data
solutions. We operate five interrelated Business Units, bringing
together years of experience and a broad range of expertise into
one comprehensive platform: Research, Valuation and Advisory; ARGUS
Software; Property Tax Consulting; Cost Consulting and Project
Management and Geomatics. Our suite of services and software
enables clients to analyze, gain insight and recognize value on
their real estate investments.
Altus Group has over 1,800 employees in multiple offices around
the world, including Canada, the United States, the United Kingdom,
Australia and Asia Pacific. Altus Group's clients include financial
institutions, private and public investment funds, insurance
companies, accounting firms, public real estate organizations, real
estate investment trusts, healthcare institutions, industrial
companies, foreign and domestic private investors, real estate
developers, governmental institutions and firms in the oil and gas
sector.
For more information, please visit www.altusgroup.com.
Altus Group LimitedCamilla BartosiewiczVice President, Investor
Relations(416) 641-9773camilla.bartosiewicz@altusgroup.com
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