CU Inc. Eligible Dividends
11 Juillet 2018 - 11:05PM
CU Inc. (TSX:CIU.PR.A)
(TSX:CIU.PR.C)
The Board of Directors of CU Inc. has declared the following
Cumulative Redeemable Preferred Share dividends:
Shares |
TSX StockSymbol |
DividendPer Share ($) |
Record Date(2018) |
Payment Date(2018) |
Series 1
4.60% |
CIU.PR.A |
0.2875 |
10-Aug |
01-Sep |
Series 4
2.243% |
CIU.PR.C |
0.1401875 |
10-Aug |
01-Sep |
These dividends are eligible dividends within the meaning of the
Income Tax Act (Canada).
CU Inc. is a wholly-owned subsidiary of Canadian
Utilities Limited, an ATCO company. CU Inc. is an Alberta-based
corporation with approximately 4,100 employees and assets of $16
billion; comprised of rate regulated utility operations in
pipelines, natural gas and electricity transmission and
distribution. More information about CU Inc. can be found on the
Canadian Utilities Limited website at
www.canadianutilities.com.
Media & Investor Inquiries:
D. A. (Dennis) DeChamplainSenior Vice President & Chief
Financial Officer403-292-7502
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.
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