Hammond Power Solutions Declares Quarterly Dividend

Nov 19, 2019

The Board of Directors of Hammond Power Solutions (HPS) declared a quarterly cash dividend of seven cents ($0.07) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of seven cents ($0.07) per Class B Common Share of HPS payable on December 11, 2019 to shareholders of record at the close of business on December 4, 2019. The ex-dividend date is December 3, 2019.

Important Income-Tax Information for Canadian Resident Shareholders

HPS designates the entire amount of this taxable dividend to be an “eligible dividend” for purposes of the Income Tax Act (Canada), as amended from time to time. This notice meets the requirements of the Income Tax Act (Canada). Please contact your tax advisor if you have any questions with regard to the designation of the eligible dividend.