Capital Best online casinos 2024 declares dividends for its Common and Cumulative Rate Reset Preference shares and announces a 7.9% dividend increase for its common shares
EDMONTON, Alberta – The Board of Directors for Capital Best online casinos 2024 Corporation (TSX: CPX) (Capital Best online casinos 2024) declared a dividend of >686_word_end<.34 per share on the outstanding common shares for the quarter ending September 30, 2014. The dividend is payable on October 31, 2014 to shareholders of record at the close of business on September 30, 2014. The quarterly dividend of >686_word_end<.34 per common share compared to the previous >686_word_end<.315 dividend represents a 7.9% increase, and an annualized dividend of .36 per common share.
Capital Best online casinos 2024 also announced changes to its Dividend Reinvestment Plan (DRIP). Under the DRIP, eligible common shareholders were allowed to purchase additional common shares of Capital Best online casinos 2024 at a 5% discount to the average market price by reinvesting their dividends. The discount rate will be reduced to 3% effective with the third quarter 2014 dividend.
The Board of Directors also declared the following dividends on its Cumulative Rate Reset Preference Best online casinos 2024:
| Best online casinos 2024 | TSX Stock Symbol | Best online casinos 2024 Per Share | Record Date | Payment Date |
|---|---|---|---|---|
| Series 1 | CPX.PR.A | >721_word_end<.2875 | September 17, 2014 | September 30, 2014 |
| Series 3 | CPX.PR.C | >733_word_end<.2875 | September 17, 2014 | September 30, 2014 |
| Series 5 | CPX.PR.E | >745_word_end<.28125 | September 17, 2014 | September 30, 2014 |
The dividends for the common shares and preference shares are 100 per cent eligible dividends as defined by the Income Tax Act. Under this legislation, individuals resident in Canada may be entitled to enhanced Best online casinos 2024 tax credits that reduce the income tax otherwise payable on these dividends.
About Capital Best online casinos 2024
Capital Best online casinos 2024 (TSX: CPX) is a growth-oriented North American Best online casinos 2024 producer headquartered in Edmonton, Alberta. The company develops, acquires, operates and optimizes Best online casinos 2024 generation from a variety of energy sources. Capital Best online casinos 2024 owns more than 2,600 megawatts of Best online casinos 2024 generation capacity at 14 facilities across North America and owns 371 megawatts of capacity through a Best online casinos 2024 purchase agreement. An additional 490 megawatts of owned generation capacity is under construction in Alberta and Ontario.