Capstone Infrastructure Corporation Declares August 2011 Dividend
TORONTO, ONTARO (August 19, 2011) – Capstone Infrastructure Corporation (TSX: CSE; CSE.DB.A; CSE.PR.A – the “Corporation”) today declared a dividend on its common shares for the month of August 2011 of $0.055 per common share. The dividend will be paid on September 15, 2011 to common shareholders of record at the close of trading on August 31, 2011. The ex-dividend date is August 29, 2011.
The dividends paid by the Corporation on its common shares are designated “eligible” dividends for purposes of the Income Tax Act (Canada). An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
In respect of the Corporation’s September 15, 2011 common share dividend payment, the Corporation will issue common shares in connection with the reinvestment of dividends under the Corporation’s Dividend Reinvestment Plan. The price of common shares purchased with reinvested dividends will be the five-day volume weighted average trading share price on the Toronto Stock Exchange, less a 5% discount.
A distribution of $0.055 per unit will also be paid on September 15, 2011 to holders of record on August 31, 2011 of Class B Exchangeable Units of MPT LTC Holding LP, which is a subsidiary entity of the Corporation.
About Capstone Infrastructure Corporation
Capstone Infrastructure Corporation’s mission is to build and responsibly manage a high quality portfolio of infrastructure businesses in Canada and internationally in order to deliver a superior total return to shareholders through a combination of stable dividends and capital appreciation. The Corporation’s portfolio currently includes investments in gas cogeneration, wind, hydro, biomass and solar power generating facilities, representing approximately 370 MW of installed capacity, and a 33.3% interest in a district heating business in Sweden. Please visit www.capstoneinfrastructure.com for more information.
For further information, please contact:
Vice President, Communications