Just Energy Group Inc. Announces December Quarterly Dividend for Its Common Shares and Series A Preferred Shares
November 17 2017 - 8:00AM
Just Energy Group Inc. (“Just Energy”) (TSX:JE)
(NYSE:JE) filed notice with the Toronto Stock Exchange and the
New York Stock Exchange today announcing that its board of
directors declared a cash dividend for its common shares and its
8.50% Series A Fixed-to-Floating Rate Cumulative Redeemable
Perpetual Preferred Shares (“Series A Preferred Shares”) for the
quarter ending December 31, 2017. A quarterly dividend of
(i) Cdn. $0.125 per common share will be paid on December 29,
2017 to common shareholders of record at the close of business on
December 15, 2017; and (ii) USD $0.53125 per Series A Preferred
Share will be paid on December 29, 2017 to Series A Preferred
Shareholders of record at the close of business on December 15,
2017. This quarterly cash dividend is designated as an "eligible
dividend" for Canadian income tax purposes.
The common shares trade on the Toronto Stock
Exchange and the New York Stock Exchange under the symbol “JE”. The
Series A Preferred Shares trade on the Toronto Stock Exchange under
the symbol “JE.PR.U” and on the New York Stock Exchange under the
symbol “JE.PR.A”.
About Just Energy Group
Inc.
Established in 1997, Just Energy is a leading
retail energy provider specializing in electricity and natural gas
commodities, energy efficiency solutions, and renewable energy
options. With offices located across the United States,
Canada, the United Kingdom, Ireland and Germany, Just Energy serves
approximately 1.5 million residential and commercial customers
providing homes and businesses with a broad range of energy
solutions that deliver comfort, convenience and control. Just
Energy Group Inc. is the parent company of Amigo Energy, Green Star
Energy, Hudson Energy, Tara Energy and TerraPass. Visit
justenergygroup.com to learn more. Also, find us on Facebook and
follow us on Twitter.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking
statements and information. Forward-looking statements and
information in this press release include, but are not limited to,
statements pertaining to dividends, and the timing for payment and
tax treatment thereof. These statements are based on current
expectations that involve a number of risks and uncertainties which
could cause actual results to differ from those anticipated. These
risks include, but are not limited to general economic and market
conditions, levels of customer natural gas and electricity
consumption, rates of customer additions and renewals, rates of
customer attrition, fluctuations in natural gas and electricity
prices, results of litigation, changes in regulatory regimes and
decisions by regulatory authorities, competition and dependence on
certain suppliers. Additional information on these and other
factors that could affect Just Energy's operations, financial
results or dividend levels are included in Just Energy's annual
information form and other reports on file with Canadian securities
regulatory authorities which can be accessed through the SEDAR
website at www.sedar.com, on the U.S. Securities Exchange
Commission’s website at www.sec.gov or through Just Energy's
website at www.justenergygroup.com.
Neither the Toronto Stock Exchange nor the New
York Stock Exchange has approved nor disapproved of the information
contained herein.
FOR FURTHER INFORMATION PLEASE
CONTACT:
Pat McCulloughChief Financial OfficerJust
Energy713-933-0895pmccullough@justenergy.com
or
Michael CummingsInvestor RelationsAlpha IR Group
617-461-1101michael.cummings@alpha-ir.com
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