Quarterly Dividend Declaration
TORONTO, Feb. 9, 2017
/CNW/ - Franco-Nevada Corporation is pleased to announce that
its Board of Directors has declared a quarterly dividend of
US$0.22 per share. The dividend
will be paid on March 30, 2017 to
shareholders of record on March 16,
2017 (the "Record Date"). The Canadian dollar
equivalent is to be determined based on the daily average rate
posted by the Bank of Canada on
the Record Date. Under Canadian tax legislation, Canadian
resident individuals who receive "eligible dividends" are entitled
to an enhanced gross-up and dividend tax credit on such
dividends.
The Company has a Dividend Reinvestment Plan ("DRIP").
Participation in the DRIP is optional. The Company will issue
additional common shares through treasury at a 3% discount to the
Average Market Price, as defined in the DRIP. However, the
Company may, from time to time, in its discretion, change or
eliminate the discount applicable to treasury acquisitions or
direct that such common shares be purchased in market acquisitions
at the prevailing market price, any of which would be publicly
announced. The DRIP and enrollment forms are available on the
Company's website at www.franco-nevada.com. Registered
shareholders may also enroll in the DRIP online through the plan
agent's self-service web portal at
www.investorcentre.com/franco-nevada. Beneficial shareholders
should contact their financial intermediary to arrange
enrollment.
Details for Upcoming Release of 2016 Results
2016 Results
Release:
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March 22nd
after market close
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Conference Call and
Webcast:
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March 23rd
11:00 am ET
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Dial-in
Numbers:
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Toll-Free:
1-888-231-8191 International:
647-427-7450
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Webcast:
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www.franco-nevada.com
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Replay (available
until Mar 30th):
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Toronto:
416-849-0833 Toll-Free:
1-855-859-2056 Pass code:
66380664
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This press release is not an offer to sell or a solicitation of
an offer of securities. A registration statement relating to
the DRIP has been filed with the U.S. Securities and Exchange
Commission and may be obtained under the Company's profile on the
U.S. Securities and Exchange Commission's website at
www.sec.gov.
SOURCE Franco-Nevada Corporation