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Aimia Declares Preferred Share Dividends

MONTREAL , Oct. 28, 2019 /CNW Telbec/ - Aimia (AIM.TO) announced today that the Board of Directors has declared quarterly dividends on all three series of its preferred shares:

  • a quarterly dividend in the amount of $0.28125 per Cumulative Rate Reset Preferred Share, Series 1
  • a quarterly dividend in the amount of $0.339518 per Cumulative Rate Reset Preferred Share, Series 2, and
  • a quarterly dividend of $0.375688 per Cumulative Rate Reset Preferred Share, Series 3

In each case, dividends are payable on December 31, 2019 to the holders of record at the close of business on December 24, 2019 .

Dividends paid by Aimia to Canadian residents on its preferred shares are "eligible dividends" for the purpose of the Income Tax Act ( Canada ) and any similar applicable provincial legislation.

About Aimia

Aimia Inc. (AIM.TO) is a loyalty and travel consolidator focused on growing earnings through its existing investments and the targeted deployment of capital in loyalty solutions and other sub-sectors of the rapidly-expanding loyalty and travel markets.

Its investments in travel loyalty include the Club Premier program in Mexico , which it jointly controls with Aeromexico through its investment in PLM, and an investment alongside AirAsia in travel technology company BIGLIFE, the operator of BIG Loyalty.

Aimia also operates a loyalty solutions business, which is a well-recognized, global full-service provider of next-generation loyalty solutions for many of the world's leading brands in the retail, CPG, travel & hospitality, financial services and entertainment verticals.

For more information about Aimia, visit corp.aimia.com.

Cision

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SOURCE Aimia Inc.


View original content: http://www.newswire.ca/en/releases/archive/October2019/28/c5035.html