Hammond Power Solutions Declares Quarterly Dividend

EIN 45 HPS 400

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.

Similar Posts

Changing Scene

  • Stanpro: 17 Years of Consistent Excellence

    Stanpro: 17 Years of Consistent Excellence

    For the 17th consecutive year, Stanpro has been named one of Canada’s Best Managed Companies. Consistency is often quieter than a grand opening or a product launch, but in the world of business, it is the ultimate gold standard. To receive this honor once is a milestone; to receive it every year since 2009 is a… Read More…

  • MacKinnon Magnetics Announces Partnership with TMC Sales in Manitoba and Northwestern Ontario

    MacKinnon Magnetics Announces Partnership with TMC Sales in Manitoba and Northwestern Ontario

    MacKinnon Magnetics is proud to welcome TMC Sales Inc as their newest agency partner, representing them throughout Manitoba and Northwestern Ontario, including Thunder Bay, Dryden, Fort Frances, Red Lake, and Kenora. “With their extensive experience in the electrical industry and commitment to exceptional customer service,” the company said on LinkedIn, “TMC Sales will help us… Read More…

Peers & Profiles

Copper US Dollar Price Per Pound