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2022 Canadian Dividend Decreases

  • Last Updated:
  • Mar 11th, 2022 1:15 am
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Sep 11, 2018
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2022 Canadian Dividend Decreases

NFI Group Inc (TSX:NFI) decreases quarterly dividend by 75% from $0.2125 to $0.0531 per quarter

Although management continues to believe that the supply and logistics disruptions affecting NFI are temporary, the Board has taken the prudent decision to lower the quarterly dividend amount. The Board has declared a dividend of C$0.0531 per share for the period January 1, 2022 to March 31, 2022 on the common shares of the Company (the “Shares”). The dividend will be paid to holders of record at the close of business on March 31, 2022 and payable on April 15, 2022. The dividends on the Shares are designated as “eligible dividends” for purposes of the enhanced dividend tax credit rules contained in the Income Tax Act (Canada) and any corresponding provincial and territorial tax legislation.

https://stockhouse.com/news/press-relea ... 2-guidance
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