RE: RE: RE: We're Getting Whacked to-day...
In May 2011, the Company announced plans to continue with two dividend increases per year to 2013, normally declared in May and November, and expects the increase to be in the range of circa 10% annually. Dividend decisions will continue to be subject to the Board’s assessment and determination of the Company’s financial situation and outlook on a quarterly basis.
2013 expected dividend1 and earnings release dates
Ex-dividend dates2
Dividend record dates
Dividend payment dates
Earnings release dates
Q1-13 March 7 March 11
April 1
May 9
Q2-13 June 6 June 10 July 2 August 12
Q3-13 September 6 September 10 October 1 November 8
Q4-13 December 9 December 11 January 2, 2014 February 14, 2014
1 Dividends are subject to Board of Directors’ approval.
2 Shares purchased on this date forward will not be entitled to the dividend payable on the corresponding dividend payment date.
Recent dividend history
In November 2012, the Board announced a quarterly dividend increase of three cents to 64 cents per share payable to common and non-voting shareholders on January 2, 2013. This annualized dividend of $2.56 is 10.3 per cent higher than the level a year earlier.
Record Date Payment Date Amount
Q4-12 December 11, 2012 January 2, 2013 $0.64
Q3-12 September 10, 2012 October 1, 2012 $0.61
Q2-12 June 8, 2012 July 3, 2012 $0.61
Q1-12 March 9, 2012 April 2, 2012 $0.58
Q4-11 December 9, 2011 January 3, 2012 $0.58
Q3-11 September 9, 2011 October 3, 2011 $0.55