When did we change to US div? Liquor Stores declares USD0.03 cash dividend for April
Fri Apr 14 10:50:56 2017 EDT
Apr 14, 2017 (M2 EQUITYBITES via COMTEX News Network) -- Liquor Stores N.A Ltd (TSX:LIQ) announced on Thursday that it will pay a cash dividend of USD0.03 per common share for the month of April 2017. This dividend will be paid on 15 May 2017, to holders of record of the company's common shares on 28 April 2017. This dividend is an 'eligible dividend' for Canadian income tax purposes. According to Liquor Stores, it expects to pay cash dividends on or about the 15th of each month to shareholders of record on the last business day of the preceding month. The company's Dividend Reinvestment Plan (the DRIP) allows eligible shareholders of the company to direct that their cash dividends be reinvested in additional common shares. Common Shares issued pursuant to the DRIP are issued from treasury at a 3% discount from the market price. ' Liquor Stores operates 252 retail liquor stores in Alberta, British Columbia, Alaska, Kentucky, New Jersey and Connecticut. Liquor Stores' retail brands include Liquor Depot, Liquor Barn, and Wine and Beyond in Alberta ; Liquor Depot and Liquor Barn in British Columbia; Brown Jug in Alaska; Liquor Barn 'The Ultimate Party Source' and Liquor Barn Express in Kentucky; Joe Canal's Discount Liquor Outlet in New Jersey and LQR MKT in Connecticut.
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