Canadian Utilities Limited Eligible Dividends
16 April 2014 - 8:50PM
Marketwired
Canadian Utilities Limited Eligible Dividends
CALGARY, ALBERTA--(Marketwired - Apr 16, 2014) - The Board of
Directors of Canadian Utilities Limited has declared the following
quarterly dividends:
Shares |
TSX Stock Symbol |
Dividend Per Share ($) |
Record Date (2014) |
Payment Date (2014) |
Class A non-voting |
CU |
0.2675 |
09-May |
01-Jun |
Class
B common |
CU.X |
0.2675 |
09-May |
01-Jun |
Series Y 4.00% |
CU.PR.C |
0.2500 |
09-May |
01-Jun |
Series AA 4.90% |
CU.PR.D |
0.30625 |
09-May |
01-Jun |
Series BB 4.90% |
CU.PR.E |
0.30625 |
09-May |
01-Jun |
Series CC 4.50% |
CU.PR.F |
0.28125 |
09-May |
01-Jun |
Series DD 4.50% |
CU.PR.G |
0.28125 |
09-May |
01-Jun |
These dividends are eligible
dividends within the meaning of the Income Tax Act (Canada).
Canadian Utilities Limited, an ATCO company, 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,
intends to participate in the DRIP to maintain its controlling
interest in the company.
Canadian Utilities Limited, with more than 7,400 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). More information can be
found at www.canadianutilities.com.
Forward-Looking Information:
Certain statements contained in this news release may
constitute forward-looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as
"anticipate", "plan", "expect", "may", "will", "intend", "should",
and similar expressions. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements. The Corporation believes that the
expectations reflected in the forward-looking statements are
reasonable, but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements should
not be unduly relied upon.
The Corporation's actual results could differ materially
from those anticipated in these forward-looking statements as a
result of regulatory decisions, competitive factors in the
industries in which the Corporation operates, prevailing economic
conditions, and other factors, many of which are beyond the control
of the Corporation.
The forward-looking statements contained in this news
release represent the Corporation's expectations as of the date
hereof, and are subject to change after such date. The Corporation
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required under applicable
securities regulations.
Canadian Utilities LimitedB.R. (Brian) BaleSenior Vice President
& Chief Financial Officer(403) 292-7502
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