CareRx Announces Q1 2026 Dividend

Rhea-AI Summary

CareRx (OTC:CHHHF) declared a quarterly cash dividend of CAD$0.02 per common share, payable April 9, 2026, to shareholders of record at the close of business March 19, 2026. The dividend is designated an eligible dividend for Canadian tax purposes.

Dividends to non-residents are subject to withholding tax (may be reduced by treaty); U.S. taxation is governed by the Internal Revenue Code. Shareholders are advised to consult a tax advisor.

Positive

• Dividend declared: CAD$0.02 per common share
• Payment date: April 9, 2026
• Eligible dividend designation for Canadian tax purposes

Negative

• Dividends paid to non-residents are subject to withholding tax
• U.S. recipients: dividend taxation governed by the Internal Revenue Code

Toronto, Ontario--(Newsfile Corp. - March 4, 2026) - CareRx Corporation (TSX: CRRX) ("CareRx" or the "Company"), Canada's leading provider of pharmacy services to seniors living and other congregate care communities, today announced that the Company's Board of Directors has declared a dividend of CAD$0.02 per outstanding common share of the Company ("Common Shares"), payable on April 9, 2026, to holders of record of Common Shares as of the close of business on March 19, 2026. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. Dividends paid or credited to non-residents of Canada are subject to withholding tax, which may be reduced by treaty. Taxation of dividends paid to U.S. residents is governed by the Internal Revenue Code. The Company advises shareholders to consult a tax advisor to determine any tax consequences of receiving dividends from CareRx.

About CareRx Corporation

CareRx is Canada's leading provider of pharmacy services to seniors living and other congregate care communities (long-term care homes, retirement homes, assisted living facilities and group homes). We are a national organization with a large network of pharmacy fulfillment centers strategically located across the country. This allows us to deliver medications in a timely and cost-effective manner and quickly respond to routine changes in medication management. We use best-in-class technology that automates the preparation and verification of multi-dose compliance packaging of medication, providing the highest levels of safety and adherence for individuals with complex medication regimens. We take an active role in working with our home operator partners to promote resident health, staff education and medication system quality and efficiency.

For additional information, visit www.carerx.ca or contact:

Puneet Khanna President & Chief Executive Officer CareRx Corporation (416) 927-8400

Suzanne Brand Chief Financial Officer CareRx Corporation (416) 927-8400

Neil Weber Investor Relations LodeRock Advisors (647) 222-0574 neil.weber@loderockadvisors.com

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/286330

FAQ

What dividend did CareRx (CHHHF) declare for Q1 2026?

CareRx declared a CAD$0.02 per common share dividend for Q1 2026. According to the company, the dividend is an eligible dividend for Canadian income tax purposes and is payable April 9, 2026.

When is the CareRx (CHHHF) dividend payable and what is the record date?

The dividend is payable on April 9, 2026 with a record date of March 19, 2026. According to the company, shareholders of record at close of business on March 19 will receive the payment.

How are CareRx (CHHHF) dividends taxed for non-resident shareholders?

Dividends to non-residents are subject to withholding tax, which may be reduced by treaty. According to the company, treaty provisions could lower withholding for eligible foreign shareholders.

How are CareRx (CHHHF) dividends taxed for U.S. shareholders?

U.S. residents’ dividend taxation is governed by the Internal Revenue Code. According to the company, U.S. shareholders should consult a tax advisor to determine specific U.S. tax consequences.

Who should CareRx (CHHHF) shareholders contact about tax consequences of the dividend?

Shareholders should consult a qualified tax advisor for personal guidance on dividend taxation. According to the company, individual tax consequences depend on residency, treaties, and applicable tax rules.