Alaris Royalty Corp.
TSX : AD

Alaris Royalty Corp.

June 18, 2014 17:55 ET

Alaris Royalty Corp. Declares Previously Announced Increased Monthly Dividend and Announces Q2 2014 Earnings Release Date

CALGARY, ALBERTA--(Marketwired - June 18, 2014) -

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Alaris Royalty Corp. ("Alaris" or the "Corporation") (TSX:AD) announces that the Board of Directors of the Corporation has declared a dividend of $0.125 per common share, representing $1.50 per common share on an annualized basis. The dividend is payable on July 15, 2014 to shareholders of record on June 30, 2014. The ex-dividend date is June 26, 2014. This is the first dividend declared at the increased level of $0.125 per common share (previously $0.12 per month).

This dividend is designated by the Corporation to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.

Q2 2014 Earnings Release Date

The Corporation expects to release its financial results for the three and six months ended June 30, 2014 via news release after regular trading hours on the Toronto Stock Exchange Thursday, July 24, 2014. Alaris management will host a conference call at 9am MST (11am EST), Friday, July 25, 2014 to discuss the financial results and outlook for the Corporation.

Participants can access the conference call by telephone by dialing toll free 1-866-852-2121 or 1-416-340-9531. Alternatively, to listen to this event online, please enter http://www.gowebcasting.com/5614 in your web browser and follow the prompts given. Please connect to the call or log into the webcast at least 10 minutes prior to the beginning of the event.

For those unable to participate in the conference call at the scheduled time, it will be archived for replay until 11am EST August 1, 2014. You can access the replay by dialing toll free 1-800-408-3053 or 1-905-694-9451 and entering the passcode 2126351. The webcast will be archived for 90 days and is available for replay by using the same link as above or by clicking on the link we'll have stored under the "Investor Briefcase" on our website at www.alarisroyalty.com.

About Alaris:

The Corporation provides alternative financing for a diversified group of private businesses ("Private Company Partners") in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders. Royalties or distributions from the Private Company Partners are structured as a percentage of a "top line" financial performance measure such as gross margin and same-store sales and rank in priority to the owners' common equity position.

Contact Information

  • Alaris Royalty Corp.
    Curtis Krawetz
    Vice President, Investments and Investor Relations
    P: (403) 221-7305
    Suite 232, 2031 33rd Avenue S.W., Calgary, Alberta T2T 1Z5
    www.alarisroyalty.com