Crius Confirms Ex-Distribution Date of First Quarter 2016 Distributions
Crius Confirms Ex-Distribution Date of First Quarter 2016 Distributions
Canada NewsWire
TORONTO, Jan. 20, 2016
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, Jan. 20, 2016 /CNW/ - Further to the announcement of Crius Energy Trust (the "Trust") (TSX: KWH.UN) on January 6, 2016 (entitled "Crius Announces 2% Distribution Increase and Confirms First Quarter 2016 Distributions"), the Trust wishes to confirm the ex-distribution dates of the previously-announced distributions payable for each of January 2016, February 2016 and March 2016.
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Record Date
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Period
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Ex-Distribution Date(1)
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Distribution Payable Date
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Distribution Amount per Unit
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January 31, 2016
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January 2016
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January 27, 2016
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February 16, 2016
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$0.0595
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February 29, 2016
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February 2016
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February 25, 2016
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March 15, 2016
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$0.0595
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March 31, 2016
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March 2016
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March 29, 2016
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April 15, 2016
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$0.0595
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(1)
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In the press release of the Trust dated January 6, 2016, the ex-distribution dates were disclosed as January 28, 2016, February 25, 2016 and March 29, 2016, respectively.
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The distributions declared for the first quarter of 2016 represent a 2% increase to distributions paid on units of the Trust ("Units") declared in the prior quarter and an annualized increase of $0.014 per Unit for a total annualized distribution of $0.714 per Unit.
SOURCE Crius Energy Trust
Michael Fallquist, Chief Executive Officer, (203) 663-7545; Kelly Castledine, Investor Relations, (416) 644-1753, kcastledine@criusenergy.com; Roop Bhullar, Chief Financial Officer, (203) 883-9900Copyright CNW Group 2016