ATCO Ltd. Eligible Dividends
Increases Common Share Dividend for the 26TH Consecutive Year
CALGARY, Alberta, Jan. 10, 2019– The Board of Directors of ATCO Ltd. (ATCO) today declared a first quarter dividend of 40.48 cents per Class I Non-Voting (TSX:ACO.X) and Class II Voting Share (TSX:ACO.Y), a 7.5% increase over the 37.66 cents paid in each of the previous four quarters. This common share dividend is payable March 31, 2019, to shareholders of record on March 7, 2019. These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).
With approximately 7,000 employees and assets of $23 billion, ATCO is a diversified global holding corporation with investments in Structures & Logistics (workforce housing, innovative modular facilities, construction, site support services, and logistics and operations management); Energy Infrastructure (electricity generation, transmission, and distribution; natural gas transmission, distribution and infrastructure development; energy storage and industrial water solutions; and electricity and natural gas retail sales); Transportation (ports and transportation logistics); and Commercial Real Estate. More information can be found at www.ATCO.com.
Media & Investor Inquiries:
D.A. (Dennis) DeChamplain
Senior Vice President &
Chief Financial Officer