Mr. Curtis Krawetz reports
ALARIS ROYALTY CORP. DECLARES JUNE DIVIDEND
Alaris Royalty Corp.'s board of directors has declared a dividend of 13.5 cents per common share for the month of June, 2017, representing $1.62 per share on an annualized basis. The dividend is payable on July 17, 2017, to shareholders of record on June 30, 2017. The ex dividend date is June 28, 2017.
This dividend is designated by the corporation to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
About Alaris Royalty Corp.
The corporation provides alternative financing for a diversified group of private businesses in exchange for royalties or distributions from the private company partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders.
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