{"id":401272,"date":"2020-12-16T16:03:09","date_gmt":"2020-12-16T21:03:09","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=401272"},"modified":"2020-12-16T16:03:09","modified_gmt":"2020-12-16T21:03:09","slug":"altus-group-announces-fourth-quarter-2020-dividend","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/altus-group-announces-fourth-quarter-2020-dividend\/","title":{"rendered":"Altus Group Announces Fourth Quarter 2020 Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Dec.  16, 2020  (GLOBE NEWSWIRE) &#8212; Altus Group Limited (\u201cAltus Group\u201d or \u201cthe Company\u201d) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced today that the Board of Directors has approved the payment of a cash dividend of $0.15 per common share for the fourth quarter ending December 31, 2020.<\/p>\n<p align=\"justify\">Payment will be made on January 15, 2021 to common shareholders of record as at December 31, 2020.<\/p>\n<p align=\"justify\">Altus Group\u2019s Dividend Reinvestment Plan (\u201cDRIP\u201d) permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the Company. For shareholders who wish to reinvest their dividends under the DRIP, Altus Group intends to issue common shares from treasury at a price equal to 96% of the weighted average closing price of the shares for the five trading days preceding the dividend payment date.<\/p>\n<p align=\"justify\">Full details of the DRIP program are available on the Company website through the following link: <a href=\"https:\/\/www.altusgroup.com\/wp-content\/uploads\/2019\/08\/drip-reinvestment-plan.pdf\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">https:\/\/www.altusgroup.com\/wp-content\/uploads\/2019\/08\/drip-reinvestment-plan.pdf<\/a><\/p>\n<p align=\"justify\">Altus Group confirms that all dividends paid or deemed to be paid to its common shareholders qualify as \u02baeligible dividends\u02ba for purposes of subsection 89(14) of the Income Tax Act (Canada) and similar provincial and territorial legislation, unless indicated otherwise.<\/p>\n<p align=\"justify\">\n        <strong>About Altus Group Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Altus Group Limited is a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry. Our businesses, Altus Analytics and Altus Commercial Real Estate Consulting, reflect decades of experience, a range of expertise, and technology-enabled capabilities. Our solutions empower clients to analyze, gain insight and recognize value on their real estate investments. Headquartered in Canada, we have approximately 2,200 employees around the world, with operations in North America, Europe and Asia Pacific. Our clients include some of the world\u2019s largest real estate industry participants. Altus Group pays a quarterly dividend of $0.15 per share and our shares are traded on the TSX under the symbol AIF.<\/p>\n<p align=\"justify\">For more information on Altus Group, please visit: <a href=\"http:\/\/www.altusgroup.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.altusgroup.com<\/a>.<\/p>\n<p align=\"justify\">FOR FURTHER INFORMATION PLEASE CONTACT:<\/p>\n<p align=\"justify\">\n        <strong>Altus Group Limited<\/strong>\n      <\/p>\n<p align=\"justify\">Camilla Bartosiewicz<br \/>Vice President, Investor Relations<br \/>416-641-9773<br \/><a href=\"mailto:camilla.bartosiewicz@altusgroup.com\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">camilla.bartosiewicz@altusgroup.com<\/a><\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExMzU1NSMzODg1MTkyIzIwMDc0OTI=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/b3b69fc1-b2e9-4f2f-9a3c-f74c196e1548\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Dec. 16, 2020 (GLOBE NEWSWIRE) &#8212; Altus Group Limited (\u201cAltus Group\u201d or \u201cthe Company\u201d) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced today that the Board of Directors has approved the payment of a cash dividend of $0.15 per common share for the fourth quarter ending December 31, 2020. Payment will be made on January 15, 2021 to common shareholders of record as at December 31, 2020. Altus Group\u2019s Dividend Reinvestment Plan (\u201cDRIP\u201d) permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the Company. For shareholders who wish to reinvest their dividends under the DRIP, Altus Group intends to &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altus-group-announces-fourth-quarter-2020-dividend\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Altus Group Announces Fourth Quarter 2020 Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-401272","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Altus Group Announces Fourth Quarter 2020 Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altus-group-announces-fourth-quarter-2020-dividend\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altus Group Announces Fourth Quarter 2020 Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Dec. 16, 2020 (GLOBE NEWSWIRE) &#8212; Altus Group Limited (\u201cAltus Group\u201d or \u201cthe Company\u201d) (TSX: AIF), a leading provider of software, data solutions and independent advisory services to the global commercial real estate industry, announced today that the Board of Directors has approved the payment of a cash dividend of $0.15 per common share for the fourth quarter ending December 31, 2020. Payment will be made on January 15, 2021 to common shareholders of record as at December 31, 2020. Altus Group\u2019s Dividend Reinvestment Plan (\u201cDRIP\u201d) permits eligible shareholders to direct their cash dividends to be reinvested in additional common shares of the Company. 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