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Franco-Nevada Declares Quarterly Dividend, Provides Update on 2018 Preliminary Financial Performance and Details for Upcoming Release of Financial Results
Franco-Nevada Declares Quarterly Dividend, Provides Update on 2018 Preliminary Financial P...
About this update from Franco-nevada Corporation
[{"type":"text","content":"\n\n\n\nFranco-Nevada Declares Quarterly Dividend, Provides Update on 2018 Preliminary Financial Performance and Details for Upcoming Release of Financial Results\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.prngen2{\nBORDER-TOP:1pt; BORDER-RIGHT:1pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:1pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:1pt; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Feb. 7, 2019\n\n\n\nTORONTO, Feb. 7, 2019 /CNW/ - \nQuarterly Dividend\nFranco-Nevada Corporation is pleased to announce that its Board of Directors has declared a quarterly dividend of US$0.24 per common share. The dividend will be paid on March 28, 2019 to shareholders of record on March 14, 2019 (the \"Record Date\"). The Canadian dollar equivalent is to be determined based on the daily average exchange rate posted by the Bank of Canada on the Record Date. Under Canadian tax legislation, Canadian resident individuals who receive \"eligible dividends\" are entitled to an enhanced gross-up and dividend tax credit on such dividends.  \nThe Company has a Dividend Reinvestment Plan (the \"DRIP\"). Participation in the DRIP is optional. The Company will issue additional common shares through treasury at a 3% discount to the Average Market Price, as defined in the DRIP. However, the Company may, from time to time, in its discretion, change or eliminate the discount applicable to treasury acquisitions or direct that such common shares be purchased in market acquisitions at the prevailing market price, any of which would be publicly announced. The DRIP and enrollment forms are available on the Company's website at www.franco-nevada.com. Canadian and U.S. registered shareholders may also enroll in the DRIP online through the plan agent's self-service web portal at www.investorcentre.com/franco-nevada. Canadian and U.S. beneficial shareholders should contact their financial intermediary to arrange enrollment. During Q2/2018, the Company amended and...