HPS Begins Quarterly Dividend Program
Posted: Mar 1,2013
Guelph, Ontario, – The Board of Directors of Hammond Power Solutions Inc. (“HPS”) today declared a quarterly cash dividend of five cents ($0.05) per Class A Subordinate Voting Share of HPS and a quarterly cash dividend of five cents ($0.05) per Class B Common Share of HPS payable on March 28, 2013 to shareholders of record at the close of business on the 21st day of March 2013. The ex-dividend date is March 19, 2013.
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.