april divy Veresen to pay 8.33-cent dividend April 22
Veresen Inc (C:VSN)
Shares Issued 300,950,069
Last Close 3/21/2016 $8.65
Monday March 21 2016 - News Release
Ms. Dorreen Miller reports
VERESEN ANNOUNCES MARCH 2016 DIVIDEND
Veresen Inc.'s board of directors has declared a cash dividend for March, 2016, of 8.33 cents per common share. The dividend will be paid on April 22, 2016, to shareholders of record at the close of business on March 31, 2016. This dividend is designated an "eligible dividend" for Canadian income tax purposes.
The dividend is eligible to be reinvested by shareholders, at a 5% discount, in common shares of Veresen ("Common Shares") under the dividend reinvestment component of the Premium Dividend(TM) and Dividend Reinvestment Plan of Veresen ("Plan") to be held for their account under the Plan. Shareholders may have these additional Common Shares delivered to a designated plan broker in exchange for a premium cash payment equal to 102% of the reinvested amount under the Premium Dividend(TM) component of the Plan.
Registered shareholders of Veresen who have not previously enrolled in the Plan and wish to enroll in the Plan with respect to the March 2016 cash dividend and future cash dividends declared by Veresen, must deliver to Computershare Trust Company of Canada, as Plan Agent, a completed enrollment form which is available at www.computershare.com/investorcentrecanada, at or before 5:00 pm (ET) on March 24, 2016. A copy of the enrollment form may also be obtained by calling Computershare Trust Company of Canada at 1-800-564-6253, or from Veresen's website at www.vereseninc.com.
Beneficial shareholders of Veresen, who have not previously enrolled in the Plan and wish to participate in the Plan with respect to the March 2016 cash dividend and future cash dividends declared by Veresen, should contact their broker, investment dealer, financial institution or other nominee to provide appropriate enrollment instructions and to ensure any deadlines or other requirements that such nominee may impose or be subject to are met.
© 2016 Canjex Publishing Ltd.