02:13:22 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Chorus Aviation Inc
Symbol CHR
Shares Issued 140,210,174
Close 2019-01-21 C$ 6.94
Market Cap C$ 973,058,608
Recent Sedar Documents

Chorus Aviation to pay four-cent dividend Feb. 19

2019-01-22 07:57 ET - News Release

Ms. Manon Stuart reports

CHORUS AVIATION INC. ANNOUNCES JANUARY 2019 DIVIDEND

Chorus Aviation Inc. has declared a monthly dividend of four cents per Class A and Class B share payable on or after Feb. 19, 2019, to shareholders of record at the close of business on Jan. 31, 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 (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.

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.

© 2024 Canjex Publishing Ltd. All rights reserved.