STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A

RE:72.5 cents US for $1 Canadian

[sleapeasy]

There is no dividend increase, that is a fx gain, just keeping par with .04 cents U.s and any Cdn rev will reflect currency echange loss(fx)
You could have just changed all you money to Us dollars last year and made a 10% gain on the fx.
If the cdn dollar were at par with U.S dollar  the Cdn share price would be $3.68 and div would be .04 cents monthly