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About Us
About Us

Since our founding more than 20 years ago, Vermilion has been guided by our core values of Excellence, Trust, Respect and Responsibility. We believe that producing energy for the many people and businesses that rely upon it to meet their daily needs and sustain their quality of life is both a great privilege and a great responsibility.
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Invest with Us
Invest with Us

Vermilion has achieved a consistent record of market out-performance over our more than 20-year history. Our self-funded, growth-and-income model seeks to create value for our shareholders while minimizing risk. Since introducing our dividend in 2003, we have increased it four times and we have never reduced it.
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Our Operations
Our Operations

Vermilion’s operations are focused in three core areas, North America, Europe and Australia. Our global exposure provides us with stronger and more stable pricing, project investment diversification and a greater selection of business development opportunities
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Our Responsibility
Our Responsibility

There is value beyond ourselves in the communities where we operate. We care enough to look for it. As a responsible energy producer, we are committed to giving back to the communities where our people live and work.
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Work with Us
Work with Us

At Vermilion, our people deliver excellence daily, around the world. Supported by a strong leadership team, our staff drive a high performing, engaged, collaborative and community-minded culture that is the single most important factor in our success. We have a clear and proven vision for long-term growth. Be a part of it.
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News
News

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Dividends

2019
2018
2017
2016
2015
2014
2013
2012
2011
Archive

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	taxation Year ⁽³⁾	Average Market Price ⁽⁴⁾
Jan 30, 2019	Jan 31, 2019	Feb 15, 2019	$0.23	2019	$31.827208
Feb 27, 2019	Feb 28, 2019	Mar 15, 2019	$0.23	2019	$34.195970
Mar 28, 2019	Mar 29, 2019	Apr 15, 2019	$0.23	2019	$33.536470
Apr 29, 2019	Apr 30, 2019	May 15, 2019	$0.23	2019	$31.673404
May 30, 2019	May 31, 2019	Jun 17, 2019	$0.23	2019	$27.922817
Jun 27, 2019	Jun 28, 2019	July 15, 2019	$0.23	2019	$28.251533
Jul 30, 2019	Jul 31, 2019	Aug 15, 2019	$0.23	2019	$20.841585
Aug 29, 2019	Aug 30, 2019	Sep 16, 2019	$0.23	2019	$20.394281
Sep 27, 2019	Sep 30, 2019	Oct 15, 2019	$0.23	2019
TOTAL DIVIDENDS DECLARED IN 2019			$2.07

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	taxation Year ⁽³⁾	Average Market Price ⁽⁴⁾
Jan 30, 2018	Jan 31, 2018	Feb 15, 2018	$0.215	2018	$43.285996
Feb 27, 2018	Feb 28, 2018	Mar 15, 2018	$0.215	2018	$40.712030
Mar 28, 2018	Mar 29, 2018	Apr 16, 2018	$0.215	2018	$41.513868
Apr 27, 2018	Apr 30, 2018	May 15, 2018	$0.23	2018	$43.740375
May 30, 2018	May 31, 2018	Jun 15, 2018	$0.23	2018	$45.691411
Jun 28, 2018	Jun 29, 2018	Jul 16, 2018	$0.23	2018	$47.860961
Jul 30, 2018	Jul 31, 2018	Aug 15, 2018	$0.23	2018	$42.757401
Aug 30, 2018	Aug 31, 2018	Sep 17, 2018	$0.23	2018	$41.037699
Sep 27, 2018	Sep 28, 2018	Oct 15, 2018	$0.23	2018	$42.114493
Oct 30, 2018	Oct 31, 2018	Nov 15, 2018	$0.23	2018	$32.793844
Nov 29, 2018	Nov 30, 2018	Dec 17, 2018	$0.23	2018	$31.493319
Dec 28, 2018	Dec 31, 2018	Jan 15, 2019	$0.23	2019	$30.603967
TOTAL DIVIDENDS DECLARED IN 2018			$2.715

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	taxation Year ⁽³⁾	Average Market Price ⁽⁴⁾
Jan 20, 2017	Jan 24, 2017	Feb 15, 2017	$0.215	2017	$53.071697
Feb 21, 2017	Feb 23, 2017	Mar 15, 2017	$0.215	2017	$50.843579
Mar 20, 2017	Mar 22, 2017	Apr 17, 2017	$0.215	2017	$49.597777
Apr 20, 2017	Apr 24, 2017	May 15, 2017	$0.215	2017	$48.134155
May 18, 2017	May 23, 2017	Jun 15, 2017	$0.215	2017	$43.146095
Jun 28, 2017	Jun 30, 2017	Jul 17, 2017	$0.215	2017	$39.588596
Jul 26, 2017	Jul 28, 2017	Aug 15, 2017	$0.215	2017	$40.320237
Aug 29, 2017	Aug 31, 2017	Sep 15, 2017	$0.215	2017	$41.603785
Sep 28, 2017^**	Sep 29, 2017	Oct 16, 2017	$0.215	2017	$43.299503
Oct 30, 2017^**	Oct 31, 2017	Nov 15, 2017	$0.215	2017	$47.026706
Nov 29, 2017^**	Nov 30, 2017	Dec 15, 2017	$0.215	2017	$43.037095
Dec 28, 2017^**	Dec 29, 2017	Jan 16, 2018	$0.215	2018	$47.433615
TOTAL DIVIDENDS DECLARED IN 2017			$2.580

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	taxation Year ⁽³⁾	Average Market Price ⁽⁴⁾
Jan 20, 2016	Jan 22, 2016	Feb 16, 2016	$0.215	2016	$35.330628
Feb 19, 2016	Feb 23, 2016	Mar 15, 2016	$0.215	2016	$38.763558
Mar 18, 2016	Mar 22, 2016	Apr15, 2016	$0.215	2016	$36.705707
Apr 20, 2016	Apr 22, 2016	May 16, 2016	$0.215	2016	$41.956612
May 20, 2016	May 24, 2016	Jun 15, 2016	$0.215	2016	$43.905905
Jun 20, 2016	Jun 22, 2016	Jul 15, 2016	$0.215	2016	$40.881860
Jul 20, 2016	Jul 22, 2016	Aug 15, 2016	$0.215	2016	$44.777104
Aug 18, 2016	Aug 22, 2016	Sep 15, 2016	$0.215	2016	$48.343361
Sep 20, 2016	Sep 22, 2016	Oct 17, 2016	$0.215	2016	$50.976713
Oct 20, 2016	Oct 24, 2016	Nov 15, 2016	$0.215	2016	$53.104146
Nov 18, 2016	Nov 22, 2016	Dec 15, 2016	$0.215	2016	$55.345846
Dec 20, 2016	Dec 22, 2016	Jan 16, 2017	$0.215	2017	$56.689932
TOTAL DIVIDENDS DECLARED IN 2016			$2.58

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	taxation Year ⁽³⁾	Average Market Price ⁽⁴⁾
Jan 28, 2015	Jan 30, 2015	Feb 17, 2015	$0.215	2015	$57.802166
Feb 25, 2015	Feb 27, 2015	Mar 16, 2015	$0.215	2015	$54.540020
Mar 27, 2015	Mar 31, 2015	Apr15, 2015	$0.215	2015	$55.071491
Apr 23, 2015	Apr 27, 2015	May 15, 2015	$0.215	2015	$56.533236
May 20, 2015	May 22, 2015	Jun 15, 2015	$0.215	2015	$53.369114
Jun 18, 2015	Jun 22, 2015	Jul 15, 2015	$0.215	2015	$52.210653
Jul 20, 2015	Jul 22, 2015	Aug 17, 2015	$0.215	2015	$44.699620
Aug 20, 2015	Aug 24, 2015	Sep 15, 2015	$0.215	2015	$43.268265
Sep 18, 2015	Sep 22, 2015	Oct 15, 2015	$0.215	2015	$44.710262
Oct 20, 2015	Oct 22, 2015	Nov 16, 2015	$0.215	2015	$44.742743
Nov 19, 2015	Nov 23, 2015	Dec 15, 2015	$0.215	2015	$37.920808
Dec 18, 2015	Dec 22, 2015	Jan 15, 2016	$0.215	2016	$35.915000
TOTAL DIVIDENDS DECLARED IN 2015			$2.58

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	TAXATION Year ⁽³⁾
Jan 29, 2014	Jan 31, 2014	Feb 18, 2014	$0.215	2014
Feb 26, 2014	Feb 28, 2014	Mar 17, 2014	$0.215	2014
Mar 27, 2014	Mar 31, 2014	Apr15, 2014	$0.215	2014
Apr 28, 2014	Apr 30, 2014	May 15, 2014	$0.215	2014
May 28, 2014	May 30, 2014	Jun 16, 2014	$0.215	2014
Jun 26, 2014	Jun 30, 2014	Jul 15, 2014	$0.215	2014
Jul 29, 2014	Jul 31, 2014	Aug 15, 2014	$0.215	2014
Aug 27, 2014	Aug 29, 2014	Sep 15, 2014	$0.215	2014
Sep 26, 2014	Sep 30, 2014	Oct 15, 2014	$0.215	2014
Oct 29, 2014	Oct 31, 2014	Nov 17, 2014	$0.215	2014
Nov 26, 2014	Nov 28, 2014	Dec 15, 2014	$0.215	2014
Dec 29, 2014	Dec 31, 2014	Jan 15, 2015	$0.215	2014
TOTAL DIVIDENDS DECLARED IN 2014			$2.58

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	TAXATION Year ⁽³⁾
Jan 29, 2013	Jan 31, 2013	Feb 15, 2013	$0.20	2013
Feb 26, 2013	Feb 28, 2013	Mar 15, 2013	$0.20	2013
Mar 26, 2013	Mar 28, 2013	Apr 15, 2013	$0.20	2013
Apr 26, 2013	Apr 30, 2013	May 15, 2013	$0.20	2013
May 29, 2013	May 31, 2013	Jun 17, 2013	$0.20	2013
Jun 26, 2013	Jun 28, 2013	Jul 15, 2013	$0.20	2013
Jul 29, 2013	Jul 31, 2013	Aug 15, 2013	$0.20	2013
Aug 28, 2013	Aug 30, 2013	Sep 16, 2013	$0.20	2013
Sep 26, 2013	Sep 30, 2013	Oct 15, 2013	$0.20	2013
Oct 29, 2013	Oct 31, 2013	Nov 15, 2013	$0.20	2013
Nov 27, 2013	Nov 29, 2013	Dec 16, 2013	$0.20	2013
Dec 27, 2013	Dec 31, 2013	Jan 15, 2014	$0.20	2013
TOTAL DIVIDENDS DECLARED IN 2013			$2.40

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	TAXATION Year ⁽³⁾
Jan 27, 2012	Jan 31, 2012	Feb 15, 2012	$0.19	2012
Feb 27, 2012	Feb 29, 2012	Mar 15, 2012	$0.19	2012
Mar 28, 2012	Mar 30, 2012	Apr 16, 2012	$0.19	2012
Apr 26, 2012	Apr 30, 2012	May 15, 2012	$0.19	2012
May 29, 2012	May 31, 2012	Jun 15, 2012	$0.19	2012
Jun 27, 2012	Jun 29, 2012	Jul 16, 2012	$0.19	2012
Jul 27, 2012	Jul 31, 2012	Aug 15, 2012	$0.19	2012
Aug 29, 2012	Aug 31, 2012	Sep 17, 2012	$0.19	2012
Sep 26, 2012	Sep 28, 2012	Oct 15, 2012	$0.19	2012
Oct 29, 2012	Oct 31, 2012	Nov 15, 2012	$0.19	2012
Nov 28, 2012	Nov 30, 2012	Dec 17, 2012	$0.19	2012
Dec 27, 2012	Dec 31, 2012	Jan 15, 2013	$0.19	2012
TOTAL DIVIDENDS DECLARED IN 2012			$2.28

Ex-dividend Date ⁽¹⁾	Record Date ⁽²⁾	Payment Date	Dividend Amount ($)	TAXATION Year ⁽³⁾
Jan 27, 2011	Jan 31, 2011	Feb 15, 2011	$0.19	2011
Feb 24, 2011	Feb 28, 2011	Mar 15, 2011	$0.19	2011
Mar 29, 2011	Mar 31, 2011	Apr 15, 2011	$0.19	2011
Apr 27, 2011	Apr 29, 2011	May 16, 2011	$0.19	2011
May 27, 2011	May 31, 2011	Jun 15, 2011	$0.19	2011
Jun 28, 2011	Jun 30, 2011	Jul 15, 2011	$0.19	2011
Jul 27, 2011	Jul 29, 2011	Aug 15, 2011	$0.19	2011
Aug 29, 2011	Aug 31, 2011	Sep 15, 2011	$0.19	2011
Sep 28, 2011	Sep 30, 2011	Oct 17, 2011	$0.19	2011
Oct 27, 2011	Oct 31, 2011	Nov 15, 2011	$0.19	2011
Nov 28, 2011	Nov 30, 2011	Dec 15, 2011	$0.19	2011
Dec 28, 2011	Dec 30, 2011	Jan 16, 2012	$0.19	2011
TOTAL DIVIDENDS DECLARED IN 2011			$2.28

2010

AS VERMILION ENERGY TRUST (TRUST)

Ex-distribution Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Jan 27, 2010	Jan 29, 2010	Feb 15, 2010	$0.19	2010
Feb 24, 2010	Feb 26, 2010	Mar 15, 2010	$0.19	2010
Mar 29, 2010	Mar 31, 2010	Apr 15, 2010	$0.19	2010
Apr 28, 2010	Apr 30, 2010	May 17, 2010	$0.19	2010
May 27, 2010	May 31, 2010	Jun 15, 2010	$0.19	2010
Jun 28, 2010	Jun 30, 2010	Jul 15, 2010	$0.19	2010
Jul 28, 2010	Jul 30, 2010	Aug 16, 2010	$0.19	2010
Aug 27, 2010	Aug 31, 2010	Sep 15, 2010	$0.19	2010
Sep 28, 2010	Sep 30, 2010	Oct 15, 2010	$0.19	2010
Oct 27, 2010	Oct 29, 2010	Nov 15, 2010	$0.19	2010
Nov 26, 2010	Nov 30, 2010	Dec 15, 2010	$0.19	2010
Dec 29, 2010	Dec 31, 2010	Jan 17, 2011	$0.19	2010
TOTAL DISTRIBUTIONS DECLARED IN 2010			$2.28

2009

AS VERMILION ENERGY TRUST (TRUST)

Ex-DISTRIBUTION Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Jan 28, 2009	Jan 30, 2009	Feb 16, 2009	$0.19	2009
Feb 25, 2009	Feb 27, 2009	Mar 16, 2009	$0.19	2009
Mar 27, 2009	Mar 31, 2009	Apr 15, 2009	$0.19	2009
Apr 28, 2009	Apr 30, 2009	May 15, 2009	$0.19	2009
May 27, 2009	May 29, 2009	Jun 15, 2009	$0.19	2009
Jun 26, 2009	Jun 30, 2009	Jul 15, 2009	$0.19	2009
Jul 29, 2009	Jul 31, 2009	Aug 17, 2009	$0.19	2009
Aug 27, 2009	Aug 31, 2009	Sep 15, 2009	$0.19	2009
Sep 28, 2009	Sep 30, 2009	Oct 15, 2009	$0.19	2009
Oct 28, 2009	Oct 30, 2009	Nov 16, 2009	$0.19	2009
Nov 26, 2009	Nov 30, 2009	Dec 15, 2009	$0.19	2009
Dec 29, 2009	Dec 31, 2009	Jan 15, 2010	$0.19	2009
TOTAL DISTRIBUTIONS DECLARED IN 2009			$2.28

2008

AS VERMILION ENERGY TRUST (TRUST)

Ex-DISTRIBUTION Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Jan 29, 2008	Jan 31, 2008	Feb 15, 2008	$0.19	2008
Feb 27, 2008	Feb 29, 2008	Mar 14, 2008	$0.19	2008
Mar 27, 2008	Mar 31, 2008	Apr 15, 2008	$0.19	2008
Apr 28, 2008	Apr 30, 2008	May 15, 2008	$0.19	2008
May 28, 2008	May 30, 2008	Jun 13, 2008	$0.19	2008
Jun 26, 2008	Jun 30, 2008	Jul 15, 2008	$0.19	2008
Jul 29, 2008	Jul 31, 2008	Aug 15, 2008	$0.19	2008
Aug 27, 2008	Aug 29, 2008	Sep 15, 2008	$0.19	2008
Sep 26, 2008	Sep 30, 2008	Oct 15, 2008	$0.19	2008
Oct 29, 2008	Oct 31, 2008	Nov 14, 2008	$0.19	2008
Nov 26, 2008	Nov 28, 2008	Dec 15, 2008	$0.19	2008
Dec 29, 2008	Dec 31, 2008	Jan 15, 2009	$0.19	2008
TOTAL DISTRIBUTIONS DECLARED IN 2008			$2.28

2007

AS VERMILION ENERGY TRUST (TRUST)

Ex-DISTRIBUTION Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Jan 29, 2007	Jan 31, 2007	Feb 15, 2007	$0.17	2007
Feb 26, 2007	Feb 28, 2007	Mar 15, 2007	$0.17	2007
Mar 28, 2007	Mar 30, 2007	Apr 13, 2007	$0.17	2007
Apr 26, 2007	Apr 30, 2007	May 15, 2007	$0.17	2007
May 29, 2007	May 31, 2007	Jun 15, 2007	$0.17	2007
Jun 27, 2007	Jun 29, 2007	Jul 13, 2007	$0.17	2007
Jul 27, 2007	Jul 31, 2007	Aug 15, 2007	$0.17	2007
Aug 29, 2007	Aug 31, 2007	Sep 14, 2007	$0.17	2007
Sep 26, 2007	Sep 28, 2007	Oct 15, 2007	$0.17	2007
Oct 29, 2007	Oct 31, 2007	Nov 15, 2007	$0.17	2007
Nov 28, 2007	Nov 30, 2007	Dec 14, 2007	$0.17	2007
Dec 27, 2007	Dec 31, 2007	Jan 15, 2008	$0.19	2007
TOTAL DISTRIBUTIONS DECLARED IN 2007			$2.06

2006

AS VERMILION ENERGY TRUST (TRUST)

Ex-DISTRIBUTION Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Jan 27, 2006	Jan 31, 2006	Feb 15, 2006	$0.17	2006
Feb 24, 2006	Feb 28, 2006	Mar 15, 2006	$0.17	2006
Mar 29, 2006	Mar 31, 2006	Apr 13, 2006	$0.17	2006
Apr 26, 2006	Apr 28, 2006	May 15, 2006	$0.17	2006
May 29, 2006	May 31, 2006	Jun 15, 2006	$0.17	2006
Jun 28, 2006	Jun 30, 2006	Jul 14, 2006	$0.17	2006
Jul 27, 2006	Jul 31, 2006	Aug 15, 2006	$0.17	2006
Aug 29, 2006	Aug 31, 2006	Sep 15, 2006	$0.17	2006
Sep 27, 2006	Sep 29, 2006	Oct 13, 2006	$0.17	2006
Oct 27, 2006	Oct 31, 2006	Nov 15, 2006	$0.17	2006
Nov 28, 2006	Nov 30, 2006	Dec 15, 2006	$0.17	2006
Dec 27, 2006	Dec 29, 2006	Jan 15, 2007	$0.17	2006
TOTAL DISTRIBUTIONS DECLARED IN 2006			$2.04

2005

AS VERMILION ENERGY TRUST (TRUST)

Ex-DISTRIBUTION Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Jan 27, 2005	Jan 31, 2005	Feb 15, 2005	$0.17	2005
Feb 24, 2005	Feb 28, 2005	Mar 15, 2005	$0.17	2005
Mar 29, 2005	Mar 31, 2005	Apr 15, 2005	$0.17	2005
Apr 27, 2005	Apr 29, 2005	May 13, 2005	$0.17	2005
May 27, 2005	May 31, 2005	Jun 15, 2005	$0.17	2005
Jun 28, 2005	Jun 30, 2005	Jul 15, 2005	$0.17	2005
Jul 27, 2005	Jul 29, 2005	Aug 15, 2005	$0.17	2005
Aug 29, 2005	Aug 31, 2005	Sep 15, 2005	$0.17	2005
Sep 28, 2005	Sep 30, 2005	Oct 14, 2005	$0.17	2005
Oct 27, 2005	Oct 31, 2005	Nov 15, 2005	$0.17	2005
Nov 28, 2005	Nov 30, 2005	Dec 15, 2005	$0.17	2005
Dec 28, 2005	Dec 30, 2005	Jan 13, 2006	$0.17	2005
TOTAL DISTRIBUTIONS DECLARED IN 2005			$2.04

2004

AS VERMILION ENERGY TRUST (TRUST)

Ex-DISTRIBUTION Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Jan 28, 2004	Jan 30, 2004	Feb 13, 2004	$0.17	2004
Feb 25, 2004	Feb 27, 2004	Mar 15, 2004	$0.17	2004
Mar 29, 2004	Mar 31, 2004	Apr 15, 2004	$0.17	2004
Apr 28, 2004	Apr 30, 2004	May 14, 2004	$0.17	2004
May 27, 2004	May 31, 2004	Jun 15, 2004	$0.17	2004
Jun 28, 2004	Jun 30, 2004	Jul 15, 2004	$0.17	2004
Jul 28, 2004	Jul 30, 2004	Aug 13, 2004	$0.17	2004
Aug 27, 2004	Aug 31, 2004	Sep 15, 2004	$0.17	2004
Sep 28, 2004	Sep 30, 2004	Oct 15, 2004	$0.17	2004
Oct 27, 2004	Oct 29, 2004	Nov 15, 2004	$0.17	2004
Nov 26, 2004	Nov 30, 2004	Dec 15, 2004	$0.17	2004
Dec 29, 2004	Dec 31, 2004	Jan 14, 2005	$0.17	2004
TOTAL DISTRIBUTIONS DECLARED IN 2004			$2.04

2003

AS VERMILION ENERGY TRUST (TRUST)

Ex-DISTRIBUTION Date	Record Date	Payment Date	Distribution Amount ($)	TAXATION Year
Feb 26, 2003	Feb 28, 2003	Mar 14, 2003	$0.17	2003
Mar 27, 2003	Mar 31, 2003	Apr 15, 2003	$0.17	2003
Apr 28, 2003	Apr 30, 2003	May 15, 2003	$0.17	2003
May 28, 2003	May 30, 2003	June 13, 2003	$0.17	2003
June 26, 2003	Jun 30, 2003	July 15, 2003	$0.17	2003
July 29, 2003	Jul 31, 2003	Aug 15, 2003	$0.17	2003
Aug 27, 2003	Aug 29, 2003	Sept 15, 2003	$0.17	2003
Sept 26, 2003	Sep 30, 2003	Oct 15, 2003	$0.17	2003
Oct 29, 2003	Oct 31, 2003	Nov 14, 2003	$0.17	2003
Nov 26, 2003	Nov 28, 2003	Dec 15, 2003	$0.17	2003
Dec 29, 2003	Dec 31, 2003	Jan 15, 2004	$0.17	2003
TOTAL DISTRIBUTIONS DECLARED IN 2003			$1.87

Vermilion Energy Inc. has paid a monthly dividend to shareholders since 2003. During that time, we have increased our dividend four times and we have never reduced it. Delivering a consistent and sustainable dividend is a key priority for Vermilion.

Notes

Ex-dividend Date: One business day prior to the record date. To be a stockholder on the Record Date, you must purchase the stock before the ex-dividend date.
**Regulations for trade settlement were revised effective September 5, 2017 to one day before Record Date
Record Date: The date on which shareholders must hold the stock to receive the applicable dividend.
Taxation Year: The taxation year to which the dividend is applicable.
Average Market Price: Used to calculate the amount of shares issued under the Dividend Reinvestment Plan. For the Dividend Reinvestment Component of the Plan, shares are issued to the participant at the Average Market Price. For the period that the Premium Dividend^TMComponent of the Plan was in place, shares were issued to the Plan Broker at 96.5% of the Average Market Price.

Direct deposit of dividends can be requested by contacting Computershare Trust Company of Canada and requesting a Direct Deposit Form.

Transfer Agent
Computershare Trust Company of Canada
100 University Avenue, 9th Floor
Toronto, Ontario M5J 2Y1

Phone 1-800-564-6253
Fax 1-416-263-9394
Toll Free 1-888-453-0330

Dividends