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ARC Resources Ltd. Confirms May 16, 2016 Dividend Amount
ARC Resources Ltd. Confirms May 16, 2016 Dividend Amount ARC Resources Ltd. Confir...
About this update from Arc Resources Ltd.
[{"type":"text","content":"\n\n\n\nARC Resources Ltd. Confirms May 16, 2016 Dividend Amount\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nARC Resources Ltd. Confirms May 16, 2016 Dividend Amount\nCanada NewsWire\nCALGARY, April 18, 2016\n\n\n\nCALGARY, April 18, 2016 /CNW/ - (ARX - TSX) ARC Resources Ltd. (\"ARC\") confirms that an eligible dividend of $0.05 per share will be paid on May 16, 2016 to shareholders of record on April 29, 2016. The ex-dividend date is April 27, 2016. As at April 18, 2016 the trailing twelve-month payments to investors, including the April 15, 2016 payment, total $1.10 per share.\n\nARC offers a Dividend Reinvestment Plan (\"DRIP\") and Stock Dividend Program (\"SDP\") as optional plans for its shareholders. The DRIP provides the option for Canadian holders of ARC common shares to have their cash dividends reinvested into additional common shares of ARC. The SDP provides the option for shareholders to receive dividends in the form of common shares of ARC in lieu of receiving a cash dividend on the dividend payment date. Common shares issued under the DRIP and SDP are issued at a three per cent discount to the prevailing market price with no broker fees or commissions. Participation in the DRIP and/or SDP is optional; shareholders who do not wish to participate in either plan will continue to receive cash dividends. Additional information on the DRIP and SDP including the Dividend Reinvestment/Stock Dividend Enrollment Form can be found on the company's website at www.arcresources.com or by contacting your financial institution or investment advisor. The availability of the SDP and DRIP and the respective terms and conditions are subject to the discretion of ARC's management and the Board of Directors.\n\nARC is one of Canada's largest conventional oil and gas companies with an enterprise value of approximately $7.4 billion. ARC's common shares trade on the TSX under the symbol ARX.\n\nADVISORY - In the interests of providing ARC shareholders and potential investors with information regarding ARC, including Management's assessment of ARC's future p...