06:13:53 EDT Wed 24 Apr 2024
Enter Symbol
or Name
USA
CA



Chorus Aviation Inc
Symbol CHR
Shares Issued 139,174,650
Close 2018-08-21 C$ 7.50
Market Cap C$ 1,043,809,875
Recent Sedar Documents

Chorus Aviation to pay four-cent dividend Sept. 19

2018-08-22 07:38 ET - News Release

An anonymous director reports

CHORUS AVIATION INC. ANNOUNCES AUGUST 2018 DIVIDEND

Chorus Aviation Inc. has declared a monthly dividend of four cents per Class A and Class B share payable on or after Sept. 19, 2018, to shareholders of record at the close of business on Aug. 31, 2018. 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 (DRIP) that allows Chorus to offer a discount of up to 5 per cent from the average market price for shares purchased under the DRIP. Chorus is currently offering a discount of 4 per cent.

The DRIP provides shareholders who are resident in Canada the opportunity to purchase additional Chorus shares using cash dividends paid on shares enrolled in the DRIP. Some of the benefits of participating in the DRIP 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 DRIP, and the ability to acquire fractional shares. Details are provided in the investor relations section of Chorus's website.

About Chorus Aviation Inc.

Headquartered in Halifax, N.S., Chorus was incorporated on Sept. 27, 2010. Chorus's vision is to deliver regional aviation to the world. Chorus has been leasing its owned regional aircraft into Jazz's Air Canada Express operation since 2009, and has established Chorus Aviation Capital Corp. to become a leading, global provider of regional aircraft leases and support services. Chorus 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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