CareRx Announces Q4 2025 Dividend

Rhea-AI Summary

CareRx (TSX: CRRX / OTC: CHHHF) announced a CAD$0.02 per common share dividend, declared by the board on December 15, 2025. The dividend is payable on January 21, 2026 to holders of record at the close of business on December 23, 2025. The distribution is designated an eligible dividend for Canadian income tax purposes. The release notes that dividends to non-residents are subject to withholding tax (which may be reduced by treaty) and that U.S. taxation is governed by the Internal Revenue Code. Shareholders are advised to consult a tax advisor for personal tax consequences.

Positive

• Declared dividend of CAD$0.02 per common share
• Payment date set for Jan 21, 2026 with record date Dec 23, 2025
• Eligible dividend designation for Canadian tax purposes

Negative

• Dividend amount is small per share, limited near-term cash return
• Non-resident shareholders face withholding tax which may reduce net payment

Toronto, Ontario--(Newsfile Corp. - December 15, 2025) - 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 January 21, 2026, to holders of record of Common Shares as of the close of business on December 23, 2025. 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/277989

FAQ

What dividend did CareRx (CHHHF) declare on December 15, 2025?

CareRx declared a CAD$0.02 per common share dividend on December 15, 2025.

When will CareRx (CHHHF) pay the CAD$0.02 dividend and who is eligible?

The dividend is payable on January 21, 2026 to shareholders of record as of the close of business on December 23, 2025.

Is the CareRx (CHHHF) dividend taxable for Canadian shareholders?

Yes, the dividend is designated an eligible dividend for Canadian income tax purposes.

Will non-resident holders of CareRx (CHHHF) face withholding tax on the dividend?

Yes, dividends to non-residents are subject to withholding tax, which may be reduced by treaty.

How should U.S. residents holding CareRx (CHHHF) expect the dividend to be taxed?

Taxation for U.S. residents is governed by the Internal Revenue Code; shareholders should consult a tax advisor.

Does the CareRx (CHHHF) announcement change the company’s regular dividend policy?

The announcement only declares the CAD$0.02 dividend with payment and record dates; no change to dividend policy is stated.