CU Inc. Eligible Dividends
17 April 2014 - 4:55AM
Marketwired
CU Inc. Eligible Dividends
CALGARY, ALBERTA--(Marketwired - Apr 16, 2014) - The Board of
Directors of CU Inc. has declared the following Cumulative
Redeemable Preferred Share dividends:
Shares |
TSX Stock Symbol |
Dividend Per Share ($) |
Record Date (2014) |
Payment Date (2014) |
Series 1 4.60% |
CIU.PR.A |
0.28750 |
09-May |
01-Jun |
Series 2 6.70% |
CIU.PR.B |
0.41875 |
09-May |
01-Jun |
Series 4 3.80% |
CIU.PR.C |
0.23750 |
09-May |
01-Jun |
These dividends are eligible
dividends within the meaning of the Income Tax Act (Canada).
CU Inc. is a wholly owned
subsidiary of Canadian Utilities Limited, part of the ATCO Group of
Companies. An Alberta-based corporation with more than 5,300
employees and assets of approximately $12 billion, CU Inc. is
comprised of rate regulated utility operations in pipelines,
natural gas and electricity transmission and distribution. More
information about CU Inc. can be found on the Canadian Utilities
Limited website at www.canadianutilities.com.
Forward-Looking Information:
Certain statements contained in this news release may
constitute forward-looking statements. Forward-looking statements
are often, but not always, identified by the use of words such as
"anticipate", "plan", "expect", "may", "will", "intend", "should",
and similar expressions. These statements involve known and unknown
risks, uncertainties and other factors that may cause actual
results or events to differ materially from those anticipated in
such forward-looking statements. The Corporation believes that the
expectations reflected in the forward-looking statements are
reasonable, but no assurance can be given that these expectations
will prove to be correct and such forward-looking statements should
not be unduly relied upon.
The Corporation's actual results could differ materially
from those anticipated in these forward-looking statements as a
result of regulatory decisions, competitive factors in the
industries in which the Corporation operates, prevailing economic
conditions, and other factors, many of which are beyond the control
of the Corporation.
The forward-looking statements contained in this news
release represent the Corporation's expectations as of the date
hereof, and are subject to change after such date. The Corporation
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise, except as required under applicable
securities regulations.
CU Inc.B.R. (Brian) BaleSenior Vice President & Chief
Financial Officer(403) 292-7502www.canadianutilities.com
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