13:49:29 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Altus Group Ltd
Symbol AIF
Shares Issued 38,673,363
Close 2017-12-04 C$ 36.01
Market Cap C$ 1,392,627,802
Recent Sedar Documents

Altus Group to pay 15-cent dividend Jan. 15

2017-12-04 16:16 ET - News Release

Mr. Ali Mahdavi reports

ALTUS GROUP ANNOUNCES FOURTH QUARTER 2017 DIVIDEND

Altus Group Ltd.'s board of directors has approved the payment of a cash dividend of 15 cents per common share for the fourth quarter ending Dec. 31, 2017.

Payment will be made on Jan. 15, 2018, to common shareholders of record as at Dec. 31, 2017.

Altus Group's dividend reinvestment plan permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the company. For shareholders who wish to reinvest their dividends under the DRIP, Altus Group intends to issue common shares from treasury at a price equal to 96 per cent of the weighted average closing price of the shares for the five trading days preceding the dividend payment date.

Altus Group confirms that all dividends paid or deemed to be paid to its common shareholders qualify as "eligible dividends" for purposes of Subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation, unless indicated otherwise.

About Altus Group Ltd.

Altus Group is a leading provider of independent advisory services, software and data solutions to the global commercial real estate industry. Headquartered in Canada, the company has approximately 2,300 employees around the world, with operations in North America, Europe and Asia Pacific.

© 2024 Canjex Publishing Ltd. All rights reserved.