Crius Confirms Ex-Distribution Date of First Quarter 2016 Distributions
/NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/
TORONTO, Jan. 20, 2016 /CNW/ - Further to the announcement of Crius Energy Trust (the "Trust") (TSX: KWH.UN) on January 6, 2016 (entitled "Crius Announces 2% Distribution Increase and Confirms First Quarter 2016 Distributions"), the Trust wishes to confirm the ex-distribution dates of the previously-announced distributions payable for each of January 2016, February 2016 and March 2016.
Record Date |
Period |
Ex-Distribution Date(1) |
Distribution Payable Date |
Distribution Amount per Unit |
January 31, 2016 |
January 2016 |
January 27, 2016 |
February 16, 2016 |
$0.0595 |
February 29, 2016 |
February 2016 |
February 25, 2016 |
March 15, 2016 |
$0.0595 |
March 31, 2016 |
March 2016 |
March 29, 2016 |
April 15, 2016 |
$0.0595 |
(1) |
In the press release of the Trust dated January 6, 2016, the ex-distribution dates were disclosed as January 28, 2016, February 25, 2016 and March 29, 2016, respectively. |
The distributions declared for the first quarter of 2016 represent a 2% increase to distributions paid on units of the Trust ("Units") declared in the prior quarter and an annualized increase of $0.014 per Unit for a total annualized distribution of $0.714 per Unit.
SOURCE Crius Energy Trust
Michael Fallquist, Chief Executive Officer, (203) 663-7545; Kelly Castledine, Investor Relations, (416) 644-1753, [email protected]; Roop Bhullar, Chief Financial Officer, (203) 883-9900
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