12:58:40 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



Chorus Aviation Inc
Symbol CHR
Shares Issued 158,941,932
Close 2019-07-19 C$ 7.88
Market Cap C$ 1,252,462,424
Recent Sedar Documents

Chorus Aviation declares four-cent dividend

2019-07-22 08:53 ET - News Release

An anonymous director reports

CHORUS AVIATION INC. ANNOUNCES JULY 2019 DIVIDEND

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

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 2011 and has established Chorus Aviation Capital Corp. to become a leading, global provider of regional aircraft leases. Chorus also owns Jazz Aviation LP and Voyageur Aviation Corp. -- 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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