Mr. Manon Stuart reports
CHORUS AVIATION INC. ANNOUNCES FEBRUARY 2019 DIVIDEND
Chorus Aviation Inc. has declared a monthly dividend of four cents per Class A and Class B share, payable on or after March 18, 2019, to shareholders of record at the close of business on Feb. 28, 2019. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States.
Effective Feb. 1, 2018, Chorus implemented a dividend reinvestment plan that allows Chorus to offer a discount of up to 5 per cent from the average market price for shares purchased under the dividend reinvestment plan. Chorus is currently offering a discount of 4 per cent.
The dividend reinvestment plan provides shareholders who are resident in Canada the opportunity to purchase additional Chorus shares using cash dividends paid on shares enrolled in the dividend reinvestment plan. Some of the benefits of participating in the dividend reinvestment plan include the current discount of 4 per cent, the convenience of automatic reinvestment, savings from not having to pay brokerage fees or other service charges for shares purchased under the dividend reinvestment plan, and the ability to acquire fractional shares. Details are provided in the investor relations section of Chorus's website.
About Chorus Aviation Inc.
Chorus Aviation's vision is to deliver regional aviation to the world. Chorus Aviation has been leasing its owned regional aircraft into Jazz's Air Canada Express operation since 2009 and has established Chorus Aviation Capital to become a leading, global provider of regional aircraft leases and support services. Chorus Aviation also owns Jazz Aviation and Voyageur Aviation -- companies that have long histories of safe and solid operations that deliver excellent customer service in the areas of contract flying operations, engineering, fleet management, and maintenance, repair and overhaul.
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