Just Energy Group Inc. Announces December Quarterly Dividend for Its Common Shares and Series A Preferred Shares
December 04 2018 - 8:30AM
Just Energy Group Inc. Announces December Quarterly Dividend
for Its Common Shares and Series A Preferred Shares
Just Energy Group Inc. (“Just Energy”) 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, 2018. A
quarterly dividend of (i) Cdn. $0.125 per common share will be
paid on December 31, 2018 to common shareholders of record at the
close of business on December 17, 2018; and (ii) USD $0.53125 per
Series A Preferred Share will be paid on December 31, 2018 to
Series A Preferred Shareholders of record at the close of business
on December 17, 2018. 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.
Founded in Canada in 1997, Just Energy (NYSE:JE,
TSX:JE) is a leading consumer company focused on essential needs,
including electricity and natural gas commodities; health and
well-being, such as water quality and filtration devices; and
utility conservation, bringing energy efficient solutions and
renewable energy options to consumers. Currently operating in the
United States, Canada, the United Kingdom, Germany, Ireland and
Japan, Just Energy serves residential and commercial customers.
Just Energy is the parent company of Amigo Energy, EdgePower Inc.,
Filter Group Inc., Green Star Energy, Hudson Energy, Interactive
Energy Group, Just Energy Advanced Solutions, 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. 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, changes in regulatory regimes, results of litigation 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:
Jim BrownChief Financial OfficerPhone: (713) 544-8191
jbrown@justenergy.com
or
Michael CummingsInvestor RelationsPhone: (617)
461-1101michael.cummings@alpha-ir.com
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