Scully Royalty Ltd. announces clarification of ex-dividend date

(Neutral)

Rhea-AI Summary

Scully Royalty Ltd. (NYSE: SRL) announced a cash dividend of C$0.25 (US$0.18) per common share on February 9, 2022. This dividend is payable on March 4, 2022, to shareholders of record as of February 21, 2022. Due to a U.S. federal holiday on February 21, the ex-dividend date has been adjusted to February 17, 2022. This announcement underscores the company's commitment to returning value to its shareholders.

Positive

Dividend of C$0.25 (US$0.18) per share declared.
Demonstrates commitment to shareholder returns.

Negative

None.

News Market Reaction – SRL

-2.14%

-2.14% Session move

In the trading session that priced this news, SRL declined 2.14%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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02/14/2022 - 09:00 AM

HONG KONG, Feb. 14, 2022 /PRNewswire/ -- Scully Royalty Ltd. (the "Company") (NYSE: SRL). On February 9, 2022, the Company announced that it has declared a cash dividend of C$0.25 (US$0.18) per common share, payable on March 4, 2022, to shareholders of record on February 21, 2022. Given the observance of a United States federal holiday on February 21, 2022, this day will be considered a non-settlement day and as such the ex-dividend date has been changed to February 17, 2022.

Direct any questions regarding the information in this news release to our North American toll-free line at 1 (844) 331 3343 or email info@scullyroyalty.com.

View original content:https://www.prnewswire.com/news-releases/scully-royalty-ltd-announces-clarification-of-ex-dividend-date-301481329.html

SOURCE Scully Royalty Ltd.

FAQ

What is the dividend amount declared by Scully Royalty Ltd. on February 9, 2022?

The dividend amount is C$0.25 (US$0.18) per common share.

When is the ex-dividend date for Scully Royalty Ltd.'s dividend?

The ex-dividend date is February 17, 2022.

When will Scully Royalty Ltd. pay the declared dividend?

The dividend will be paid on March 4, 2022.

Who is eligible to receive the dividend from Scully Royalty Ltd.?

Shareholders of record on February 21, 2022, are eligible to receive the dividend.