Le Lézard
Classified in: Transportation, Business
Subjects: DIV, ECO

Chorus Aviation Inc. announces July 2018 dividend



HALIFAX, July 20, 2018 /CNW/ - Chorus Aviation Inc. ('Chorus') (TSX: CHR) today announced a monthly dividend of $0.04 per Class A and Class B share payable on or after August 17, 2018 to shareholders of record at the close of business on July 31, 2018. These dividends qualify as eligible dividends in Canada and qualifying dividends in the United States.

Effective February 1, 2018 Chorus implemented a Dividend Reinvestment Plan ('DRIP') that allows Chorus to offer a discount of up to 5% from the average market price for shares purchased under the DRIP. Chorus is currently offering a discount of 4%.

The DRIP provides shareholders who are resident in Canada the opportunity to purchase additional Chorus shares using cash dividends paid on shares enrolled in the DRIP. Some of the benefits of participating in the DRIP include the current discount of 4%, the convenience of automatic reinvestment, savings from not having to pay brokerage fees or other service charges for shares purchased under the DRIP, and the ability to acquire fractional shares. Details are provided in the Investor Relations section of Chorus' website at http://chorusaviation.ca/dividend-reinvestment-plan.

About Chorus

Headquartered in Halifax, Nova Scotia, Chorus was incorporated on September 27, 2010. Chorus' vision is to deliver regional aviation to the world.  Chorus has been leasing its owned regional aircraft into Jazz's Air Canada Express operation since 2009, and has established Chorus Aviation Capital Corp. to become a leading, global provider of regional aircraft leases and support services. Chorus also owns Jazz Aviation and Voyageur Aviation ? companies that have long histories of safe and solid operations that deliver excellent customer service in the areas of contract flying operations, engineering, fleet management, and maintenance, repair and overhaul.  Chorus Class A Variable Voting Shares and Class B Voting Shares trade on the Toronto Stock Exchange under the trading symbol 'CHR'.

www.chorusaviation.ca

 

SOURCE Chorus Aviation Inc.


These press releases may also interest you

at 18:07
Conrad Industries, Inc. announced today the successful completion and delivery of the Clean Jacksonville, the first LNG bunker barge built in North America.  The Clean Jacksonville was constructed in Orange, TX, at Conrad Orange Shipyard, a...

at 17:55
Those that are in the middle of the car-buying process and are researching different new cars can understand how difficult the process can be. There are so many different models and options, each with their own unique capabilities and features, that...

at 17:14
Systems Planning and Analysis, Inc., (SPA) has named Rear Admiral (USN, Ret.) David Duryea as Director, Naval Initiatives, effective August 20, 2018. RDML Duryea will focus his efforts on SPA's client base in areas such as Undersea Warfare and...

at 16:30
The Greenbrier Companies, Inc. and Watco Companies, LLC have entered an agreement to discontinue their GBW Railcar Services (GBW) railcar repair joint venture. Under the agreement, the repair shops and employees at each location will return to...

at 16:30
Genuine Parts Company announced today several officer changes.  The Board of Directors has elected Gregory N. Miller to the position of Executive Vice President and Chief Information Officer. In his new role as Executive Vice President, Mr. Miller...

at 16:17
About Automotive Refinish CoatingsAutomotive refinish coatings are applied to old and new vehicles to cover up damages caused by external factors such as climate; road conditions; foreign particles such as stones, debris, and rubble; and accidents....




News published on 20 july 2018 at 07:30 and distributed by: