An anonymous director reports
CHORUS AVIATION INC. ANNOUNCES DECEMBER 2019 DIVIDEND
Chorus Aviation Inc. has declared a monthly dividend of four cents per Class A and Class B share payable on or after Jan. 17, 2020, to shareholders of record at the close of business on Dec. 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 is a global provider of integrated regional aviation solutions.
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