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CALGARY, Alberta, Nov. 19, 2018 (GLOBE NEWSWIRE) -- Alaris Royalty Corp. ("Alaris" or the "Corporation") (TSX: AD) is pleased to announce that it has contributed US$46,000,000 (the “GWM Contribution”) to a new partner, GWM Holdings, Inc. (“GWM”) and a subsidiary thereof. The GWM Contribution results in an increase of approximately $0.20 cents and $0.10 cents per share of revenue and net cash from operations respectively. Based on the GWM Contribution and outlook of the Corporation, Alaris is also pleased to announce an increase to its dividend of three cents per share (the “Dividend Increase”) on an annual basis, bringing the monthly dividend to $0.1375 ($1.65 per share annualized) from the current $0.135 ($1.62 per share annualized). The Dividend Increase will apply to the November dividend, payable in December. Following the GWM Contribution and Dividend Increase Alaris estimates its run-rate payout ratio to be approximately 90%.