Canadian Utilities Limited Eligible Dividends
July 10 2013 - 6:31PM
Marketwired
The Board of Directors of Canadian Utilities Limited has declared
the following quarterly dividends.
Shares TSX Stock Dividend Record Date Payment Date
Symbol Per Share ($) (2013) (2013)
----------------------------------------------------------------------------
Class A non-voting CU 0.2425 12-Aug 01-Sep
Class B common CU.X 0.2425 12-Aug 01-Sep
Series Y 4.00% CU.PR.C 0.2500 12-Aug 01-Sep
Series AA 4.90% CU.PR.D 0.30625 12-Aug 01-Sep
Series BB 4.90% CU.PR.E 0.30625 12-Aug 01-Sep
Series CC 4.50% CU.PR.F 0.28125 12-Aug 01-Sep
Series DD 4.50% CU.PR.G 0.3360 12-Aug 01-Sep
These dividends are eligible dividends within the meaning of the
Income Tax Act (Canada).
Canadian Utilities Limited, an ATCO company, 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 Canadian Stock Transfer Company Inc. website at
www.canstockta.com.
ATCO Ltd., as controlling shareholder of Canadian Utilities,
intends to participate in the DRIP to maintain its controlling
interest in the company.
Canadian Utilities Limited, an ATCO company, with more than
7,100 employees and assets of approximately $14 billion, delivers
service excellence and innovative business solutions worldwide with
leading companies engaged in utilities (pipelines, natural gas and
electricity transmission and distribution), energy (power
generation, natural gas gathering, processing, storage and liquids
extraction) and technologies (business systems solutions). More
information can be found at www.canadianutilities.com.
Forward-Looking Information:
Certain statements contained in this news release may constitute
forward-looking statements. Forward-looking statements are often,
but not always, identified by the use of words such as
"anticipate", "plan", "expect", "may", "will", "intend", "should",
and similar expressions. These statements involve 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 statements. The Corporation believes that the
expectations reflected in the forward- looking statements are
reasonable, but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements should
not be unduly relied upon.
The Corporation's actual results could differ materially from
those anticipated in these forward-looking statements as a result
of regulatory decisions, competitive factors in the industries in
which the Corporation operates, prevailing economic conditions, and
other factors, many of which are beyond the control of the
Corporation.
The forward-looking statements contained in this news release
represent the Corporation's expectations as of the date hereof, and
are subject to change after such date. The Corporation disclaims
any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or
otherwise, except as required under applicable securities
regulations.
Contacts: Canadian Utilities Limited B.R. (Brian) Bale Senior
Vice President & Chief Financial Officer (403) 292-7502
www.canadianutilities.com
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