TORONTO, April 8, 2022 /CNW/ – Corus Leisure Inc. (“Corus“) (TSX: CJR.B) introduced now that its Board of Administrators has declared quarterly dividends of $.06 for each Class B non-voting participating share (“Class B Non-Voting Shares“) and $.05875 for every Class A collaborating share (“Class A Voting Shares“) payable on June 30, 2022, to shareholders of record at the close of business on June 15, 2022.
The foregoing dividends are specified as “suitable” dividends for the objective of the Revenue Tax Act (Canada) and any identical provincial laws.
Corus’ Board of Directors reviews the dividend on a quarterly basis. Shareholders are entitled to acquire dividends only when any these types of dividends are declared by Corus’ Board of Directors and there is no entitlement to any dividend prior thereto.
Registered shareholders who are citizens of Canada and who are not at present taking part in Corus’ Dividend Reinvestment Prepare (“the System”) may well elect to take part in the Program by way of the completion of an enrollment kind which can be attained from the Company’s prepare administrator, TSX Have faith in Company, on their website at https://tsxtrust.com/ or by contacting 1.800.387.0825. The Program permits suitable holders of Course A Voting Shares and Course B Non-Voting Shares to acquire more Class B Non-Voting Shares by reinvestment of the hard cash dividends paid on their respective shareholdings. Non-registered beneficial shareholders who are people of Canada and who want to be part of the Strategy must consult their broker, fiscal institution or other middleman by means of which they keep Course A Voting Shares or Class B Non-Voting Shares.
Corus’ Board of Administrators confirms that the Company will distribute shares acquired on the open up sector at no lower price from the regular market price tag to the Approach individuals of file, as decided pursuant to the phrases of the Prepare.
There were 3,373,726 Course A Voting Shares and 203,398,732 Class B Non-Voting Shares fantastic on March 31, 2022.
Corus Leisure Inc. studies in Canadian bucks.
About Corus Amusement Inc.
Corus Leisure Inc. (TSX: CJR.B) is a main media and written content corporation that develops and delivers substantial excellent models and content material throughout platforms for audiences close to the environment. Participating audiences because 1999, the company’s portfolio of multimedia offerings encompass 33 specialty television providers, 39 radio stations, 15 typical tv stations, a suite of digital and streaming assets, animation software package, technological innovation and media companies. Corus is an internationally-renowned material creator and distributor through Nelvana, a earth class animation studio pro in all formats and Corus Studios, a globally recognized producer of strike scripted and unscripted content. The enterprise also owns modern full-support social digital agency so.da, life style enjoyment company Kin Canada, foremost 2D animation computer software provider Toon Increase and children’s guide publishing house, Kids Can Press. Corus’ roster of top quality makes includes Worldwide Tv, W Network, HGTV Canada, Food Community Canada, Magnolia Network Canada, The HISTORY® Channel, Showcase, Adult Swim, Nationwide Geographic, Disney Channel Canada, YTV, International News, Globalnews.ca, Q107, Region 105, and CFOX, alongside with broadly dispersed Canadian streaming platforms STACKTV, Nick+, the World-wide Television App and Curiouscast. For additional details visit www.corusent.com.
Resource Corus Entertainment Inc.
For even more details: Investor inquiries: Heidi Kucher, Director, Trader Relations, Corus Amusement Inc., [email protected] Media inquiries: Melissa Eckersley, Director, Company Communications, Corus Leisure Inc., [email protected]