CALGARY, March 31, 2020 /CNW/ - ATCO Ltd. (TSX: ACO.X, ACO.Y) 

ATCO Q2-2020 Dividends (CNW Group/ATCO Ltd.)

The Board of Directors of ATCO Ltd. has declared the following quarterly dividends:

Shares

TSX Stock
Symbol

Dividend
Per Share ($)

Record Date
(2020)

Payment Date
(2020)






Class I Non-Voting

ACO.X

0.43520

04-Jun

30-Jun






Class II Voting

ACO.Y

0.43520

04-Jun

30-Jun

 

These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).

With approximately 6,500 employees and assets of $22 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 transmission, distribution, and generation; natural gas transmission and distribution; 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
Executive Vice President &
Chief Financial Officer
403-292-7502

Forward-Looking Information:
Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions.

Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.

The Company's actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company.                    

The Company believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon.

Any forward-looking information contained in this news release represents the Company's expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

SOURCE ATCO Ltd.

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