Le Lézard
Classified in: Business
Subject: v

Alaris Royalty Corp. Declares December Dividend


NOT FOR DISTRIBUTION IN THE UNITED STATES. 
FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF UNITED STATES SECURITIES LAW.

CALGARY, Alberta, Dec. 18, 2017 (GLOBE NEWSWIRE) -- Alaris Royalty Corp. ("Alaris" or the "Corporation") (TSX:AD) announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common share for the month of December 2017, representing $1.62 per share on an annualized basis.  The dividend is payable on January 15, 2018 to shareholders of record on December 29, 2017.  The ex-dividend date is December 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:

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.  Distributions from the Private Company Partners are adjusted each year based on the percentage change 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.

For further information please contact:
Curtis Krawetz
Vice President, Investments and Investor Relations
Alaris Royalty Corp.
P: (403) 221-7305
Suite 250, 333 24th Avenue S.W.
Calgary, Alberta T2S 3E6
www.alarisroyalty.com


These press releases may also interest you

at 11:00
Pacific Accounting and Business Services (PABS), an award-winning accounting firm, emphasizes a smart move that small and medium business owners are embracing for success. This shift elevates the strategic roles of SMB owners who play a pivotal role...

at 10:57
The following article was published today by China Daily. It is the Shanghai Spirit and a shared recognition of its goals and objectives that have knitted together countries with different political systems, cultural traditions and levels of...

at 10:49
The following issues have been halted by CIRO Company: FRX Innovations Inc. TSX-Venture Symbol: FRXI All Issues: Yes Reason: Pending News Halt Time (ET): 10:37 AM CIRO can make a decision to impose a temporary suspension (halt) of trading in a...

at 10:38
A report from Hainan International Media Center (HIMC): From July 1-3, a delegation from Hainan Province, China, held Hainan Free Trade Port (FTP) promotion and exchange activities in Germany, promoting exchange and cooperation between Hainan and...

at 10:30
Omni Quality Living ("Omni"), a portfolio business of The Hillcore Group, a leader in long-term care and senior living, is pleased to announce effective July 2nd, 2024, it has assumed the management of five high-quality long-term care homes located...

at 10:21
Flix SE ("Flix" or the "Company"), the global travel tech...



News published on and distributed by: