News Column

Alaris Royalty Corp. Declares May Dividend

May 22, 2014

ENP Newswire - 22 May 2014

Release date- 21052014 - CALGARY, ALBERTA - Alaris Royalty Corp. (TSX: AD) announces that the Board of Directors of the Corporation has declared a dividend of $0.12 per common share, representing $1.44 per share on an annualized basis.

The dividend is payable on June 16, 2014 to shareholders of record on May 30, 2014. The ex-dividend date is May 28, 2014.

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

The Corporation provides alternative financing for a diversified group of private businesses ('Private Company Partners') 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. Royalties or distributions from the Private Company Partners are structured as a percentage of a 'top line' financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.


Curtis Krawetz

Vice President

Investor Relations

Tel: (403) 221-7305

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: ENP Newswire

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters