CALGARY, ALBERTA--(Marketwired - Oct. 13, 2016) - Canadian Utilities Limited (TSX:CU) (TSX:CU.X)
The Board of Directors of Canadian Utilities Limited has declared the following quarterly dividends:
Shares |
TSX Stock
Symbol |
Dividend
Per Share ($) |
Record Date
(2016) |
Payment Date
(2016) |
Class A non-voting |
CU |
0.3250 |
08-Nov |
01-Dec |
Class B common |
CU.X |
0.3250 |
08-Nov |
01-Dec |
Series Y 4.00% |
CU.PR.C |
0.2500 |
08-Nov |
01-Dec |
Series AA 4.90% |
CU.PR.D |
0.30625 |
08-Nov |
01-Dec |
Series BB 4.90% |
CU.PR.E |
0.30625 |
08-Nov |
01-Dec |
Series CC 4.50% |
CU.PR.F |
0.28125 |
08-Nov |
01-Dec |
Series DD 4.50% |
CU.PR.G |
0.28125 |
08-Nov |
01-Dec |
Series EE 5.25% |
CU.PR.H |
0.328125 |
08-Nov |
01-Dec |
Series FF 4.50% |
CU.PR.I |
0.28125 |
08-Nov |
01-Dec |
These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).
Canadian Utilities Limited has a Dividend Reinvestment Plan (DRIP) available to eligible holders of Class A
non-voting shares and Class B common shares. Eligible shareholders may reinvest the cash dividends paid on their common
shares to purchase new Class A non-voting shares from treasury at a two percent discount to the volume weighted average price as
defined in the DRIP. For more information visit: www.canadianutilities.com or the CST Trust Company website at www.canstockta.com.
With nearly 5,500 employees and assets of approximately $18 billion, Canadian Utilities Limited is an ATCO
company. ATCO is a diversified global corporation delivering service excellence and innovative business solutions in Structures &
Logistics (workforce housing, innovative modular facilities, construction, site support services, and logistics and operations
management); Electricity (electricity generation, transmission, and distribution); Pipelines & Liquids (natural gas transmission,
distribution and infrastructure development, energy storage, and industrial water solutions); and Retail Energy (electricity and
natural gas retail sales). More information can be found at www.canadianutilities.com.
Forward-Looking Information:
Certain statements contained in this news release may constitute forward-looking information. Forward-looking information
is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will",
"intend", "should", and similar expressions.
Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in such forward-looking information.
The Company's actual results could differ materially from those anticipated in this forward-looking information as a
result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic
conditions, and other factors, many of which are beyond the control of the Company.
The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance
can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied
upon.
Any forward-looking information contained in this news release represents the Company's expectations as of the date
hereof, and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any
forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable
securities legislation.