0.41%
Dividends
Student Transportation Inc’s policy is to distribute its available cash to the maximum extent possible by way of equal monthly dividends and interest.
Its policy is for shareholders of record on the last business day of a calendar month to receive dividends on the fifteenth day (or the next business day if the fifteenth is not a business day) of the next calendar month.
Pursuant to new tax legislation, Canadian resident individuals who receive "eligible dividends" in 2006 and subsequent years will be entitled to an enhanced gross-up and dividend tax credit, resulting in a reduction of income taxes otherwise payable on those dividends. Student Transportation Inc. has designated that all of its dividends paid in 2006 are "eligible dividends" for these purposes.
Student Transportation Inc. also advises that all of its dividends will be designated as "eligible dividends" for 2007 and subsequent years, unless indicated otherwise.
Year: 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005
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Monthly payments are to be paid to shareholders of record on the last business day of each calendar month or such other date as may be determined from time to time by the directors of Student Transportation Inc. Please refer to Student Transportation Inc's Annual Information Form for the period ended June 30, 2008 for the full version of the Distribution Policy.