Husky Energy Announces Revised Series 3 Preferred Share Dividend Rate
12 December 2019 - 10:38AM
On December 2, 2019 Husky Energy (TSX:HSE) announced the fixed-rate
quarterly dividend applicable to its Cumulative Redeemable
Preferred Shares, Series 3 (Series 3 Shares) for the five-year
period commencing December 31, 2019.
The fixed-rate dividend for the Series 3 Shares
announced on December 2, 2019 was calculated on November 29, 2019
as 4.636%, representing the sum of the Canadian Government
five-year bond yield of 1.506% plus 3.13%.
The new fixed-rate dividend for Series 3 Shares,
based on a calculation as of December 2, 2019, is 4.689%,
representing the sum of the Canadian Government five-year bond
yield of 1.559% plus 3.13%.
The dividend rate applicable to the Cumulative
Redeemable Preferred Shares, Series 4 for the three-month period
commencing December 31, 2019 to, but excluding, March 31, 2020
remains unchanged at 4.782%, being equal to the annual rate for the
most recent auction of 90-day Government of Canada Treasury Bills
as of December 2, 2019 of 1.652% plus 3.13%.
Investor and Media
Inquiries:
Leo Villegas, Senior Manager, Investor Relations403-513-7817
Kim Guttormson, Media & Issues Specialist403-298-7088