Enercare Inc. Announces Monthly Dividend
TORONTO, ON --(Marketwired - August 03, 2017) - Enercare Inc. ("Enercare")
(TSX: ECI) today announced a cash dividend of $0.08 per common share which will be payable on
August 31, 2017 to shareholders of record at the close of business on August 15, 2017. This dividend is designated as an
"eligible dividend" for Canadian income tax purposes. Canadian resident shareholders may enroll in Enercare's Dividend
Reinvestment Plan ("DRIP") and receive common shares of Enercare instead of a cash dividend payment. DRIP participants will
receive common shares issued from treasury at a 5% discount to the 5-day volume weighted average trading price immediately before
August 31, 2017.
About Enercare
Enercare is headquartered in Toronto, Ontario, Canada and is publicly traded on the Toronto Stock Exchange (TSX: ECI). As one of North America's largest home and commercial services and energy solutions companies with
approximately 4,500 employees under its Enercare and Service Experts brands, Enercare is a leading provider of water heaters,
water treatment, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related
services. With operations in Canada and the United States, Enercare serves approximately 1.6 million customers annually. Enercare
is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium
and apartment suites in Canada and through its Triacta brand, a premier designer and manufacturer of advanced sub-meters and
sub-metering solutions.
For more information on Enercare visit www.enercare.ca. Additional information regarding Enercare is available on SEDAR at www.sedar.com.
Source: Enercare Inc.