CALGARY, AB, Sept. 13, 2022 /PRNewswire/ – Parkland Corporation (“Parkland”) (TSX:PKI) announces that a dividend of $0.3250 per share will be paid on October 14, 2022to shareholders of record on September 22, 2022. The dividend will be an ‘eligible dividend’ for Canadian income tax purposes. The ex-dividend date is September 21, 2022.
Parkland’s enhanced Dividend Reinvestment Plan (“Enhanced DRIP”) allows shareholders to reinvest their cash dividends to purchase additional Parkland shares from treasury at a 2% per share discount to the average of the daily volume weighted average trading prices during the Pricing Period. For further details on the Enhanced DRIP and the Pricing Period, please visit www.parkland.ca/en/investors/dividends.
Shareholders who wish to enroll in the Enhanced DRIP must do so prior to September 21, 2022(ex-dividend date) to reinvest this month’s dividend in Parkland shares at a discount.
The Enhanced DRIP allows Parkland to retain amounts that would otherwise …