{"id":474065,"date":"2021-04-09T06:04:31","date_gmt":"2021-04-09T10:04:31","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=474065"},"modified":"2021-04-09T06:04:31","modified_gmt":"2021-04-09T10:04:31","slug":"corus-entertainment-declares-quarterly-dividend-for-class-a-and-class-b-shareholders-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/corus-entertainment-declares-quarterly-dividend-for-class-a-and-class-b-shareholders-4\/","title":{"rendered":"Corus Entertainment Declares Quarterly Dividend for Class A and Class B Shareholders"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n TORONTO<\/span>, April 9, 2021<\/span> \/PRNewswire\/ – Corus Entertainment Inc.<\/b>\u00a0(TSX: CJR.B) announced today that its Board of Directors has declared quarterly dividends of $0.06<\/span> per Class B Share and $0.05875<\/span> per Class A Share payable on June 30, 2021<\/span>, to shareholders of record at the close of business on June 15, 2021<\/span>.<\/p>\n

The foregoing dividends are designated as “eligible” dividends for the purpose of the Income Tax Act<\/i> (Canada<\/span>) and any similar provincial legislation.<\/p>\n

Corus’ Board of Directors reviews the dividend on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by Corus’ Board of Directors and there is no entitlement to any dividend prior thereto.<\/p>\n

Registered shareholders who are residents of Canada<\/span> and who are not currently participating in Corus’ Dividend Reinvestment Plan (“the Plan”) may elect to participate in the Plan through the completion of an enrollment form which can be obtained from the Company’s plan administrator, AST Trust Company (Canada<\/span>), on their website at www.astfinancial.com\/ca-en\/<\/a><\/b>or by calling 1.800.387.0825. The Plan allows eligible holders of Class A Shares and Class B Shares to acquire additional Class B Shares through reinvestment of the cash dividends paid on their respective shareholdings. Non-registered beneficial shareholders who are residents of Canada<\/span> and who wish to join the Plan should consult their broker, financial institution or other intermediary through which they hold Class A Shares or Class B Shares.<\/p>\n

Corus’ Board of Directors confirms that the Company will distribute shares purchased on the open market at no discount from the average market price to the Plan participants of record, as determined pursuant to the terms of the Plan. <\/p>\n

There were 3,412,392 Class A Voting Shares and 204,954,666 Class B Non-Voting Shares outstanding on March 31, 2021<\/span>. <\/p>\n

Corus Entertainment Inc. reports in Canadian dollars.<\/p>\n

\n About Corus Entertainment Inc.
<\/b>Corus Entertainment Inc. (TSX: CJR.B) is a leading media and content company that develops and delivers high quality brands and content across platforms for audiences around the world.\u00a0 Engaging audiences since 1999, the company’s portfolio of multimedia offerings\u00a0encompass\u00a033\u00a0specialty television services, 39 radio stations, 15 conventional television stations, a suite of digital and streaming assets, animation software, technology and media services.\u00a0Corus is an\u00a0internationally-renowned\u00a0content creator\u00a0and distributor through Nelvana, a world class\u00a0animation\u00a0studio expert in all formats and Corus Studios, a globally recognized producer of hit scripted and unscripted\u00a0content. The company also owns innovative full-service social digital agency\u00a0so.da, lifestyle entertainment company Kin Canada, leading 2D animation software supplier Toon Boom and children’s book publishing house,\u00a0Kids Can Press.\u00a0Corus’ roster of premium brands includes Global Television, W Network, HGTV Canada, Food Network Canada, HISTORY\u00ae, Showcase, Adult Swim, National Geographic, Disney Channel Canada, YTV, Global News,\u00a0Globalnews.ca<\/a>, Q107, Country 105, and CFOX, along with broadly distributed Canadian streaming platforms STACKTV, Nick+, the Global TV App and Curiouscast. For more information visit\u00a0www.corusent.com<\/a>.<\/p>\n

\n \"Cision\" View original content:http:\/\/www.prnewswire.com\/news-releases\/corus-entertainment-declares-quarterly-dividend-for-class-a-and-class-b-shareholders-301265637.html<\/a><\/p>\n

SOURCE Corus Entertainment Inc.<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire TORONTO, April 9, 2021 \/PRNewswire\/ – Corus Entertainment Inc.\u00a0(TSX: CJR.B) announced today that its Board of Directors has declared quarterly dividends of $0.06 per Class B Share and $0.05875 per Class A Share payable on June 30, 2021, to shareholders of record at the close of business on June 15, 2021. The foregoing dividends are designated as “eligible” dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Corus’ Board of Directors reviews the dividend on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by Corus’ Board of Directors and there is no entitlement to any dividend prior thereto. Registered shareholders who are residents of … <\/p>\n

Continue reading “Corus Entertainment Declares Quarterly Dividend for Class A and Class B Shareholders”<\/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-474065","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nCorus Entertainment Declares Quarterly Dividend for Class A and Class B Shareholders - 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\/corus-entertainment-declares-quarterly-dividend-for-class-a-and-class-b-shareholders-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Corus Entertainment Declares Quarterly Dividend for Class A and Class B Shareholders - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire TORONTO, April 9, 2021 \/PRNewswire\/ – Corus Entertainment Inc.\u00a0(TSX: CJR.B) announced today that its Board of Directors has declared quarterly dividends of $0.06 per Class B Share and $0.05875 per Class A Share payable on June 30, 2021, to shareholders of record at the close of business on June 15, 2021. The foregoing dividends are designated as “eligible” dividends for the purpose of the Income Tax Act (Canada) and any similar provincial legislation. Corus’ Board of Directors reviews the dividend on a quarterly basis. Shareholders are entitled to receive dividends only when any such dividends are declared by Corus’ Board of Directors and there is no entitlement to any dividend prior thereto. 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