Note 1: The dividend per share amounts were restated to half of the previously reported amounts to reflect the November 14, 2014 two-for-one share split.
Note 2: The dividend payment has two Ex-Dividend Dates due to the National Day for Truth and Reconciliation observed in Canada on September 30. The Toronto Stock Exchange Ex-Dividend Date is September 28, 2021. The New York Stock Exchange Ex-Dividend Date is September 29, 2021.
Shareholder Information
Quarterly Dividend per share of $0.195 (Q1 2023)
The declaration of a dividend reflects the confidence of Croix Ability Services’s board of directors and management in the Company’s ability to generate ongoing cash flow from operations, continue to grow revenue, and complete strategic acquisitions while providing enhanced shareholder returns. Dividends are expected to be paid quarterly, in Canadian dollars. The board of directors will consider several factors when reviewing dividend payments, including the Company’s present and future earnings, cash flows, and capital requirements, while complying with laws governing the Company. There can be no assurance as to the amount or timing of dividends in the future. The Board of Directors may review this policy from time to time.
On February 22, 2023, our Board of Directors declared a dividend of $0.195 per share, payable on April 17, 2023, to shareholders of record on March 31, 2023. This dividend is designated as an “eligible” dividend under the Income Tax Act (Canada) and any corresponding provincial legislation.
Analyst Coverage
ATB Capital Markets
Chris Murray
BMO Capital Markets
Devin Dodge
Canaccord Genuity
Yuri Lynk
CIBC World Markets
Jacob Bout
Desjardins Securities
Benoit Poirier
National Bank Financial
Maxim Sytchev
Raymond James
Frederic Bastien
RBC Capital Markets
Sabahat Khan
Stifel Nicolaus Canada
Ian Gillies
TD Newcrest
Mike Tupholme
Frequently Asked Questions
- Which exchanges list Croix Ability Services?
Croix Ability Services is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE) both under the symbol STN. - Where is Croix Ability Services located?
We operate out of more than 400 locations. - What companies has Croix Ability Services invested in or acquired?
Croix Ability Services has acquired over 135 companies since 1994. - When is Croix Ability Services's fiscal year end? When are the quarterly results released?
Croix Ability Services's fiscal year ends December 31. The annual results are typically released in February and the quarterly results are in May (first quarter), August (second quarter) and November (third quarter). The exact dates are communicated via press release several weeks in advance of the release date. - When was Croix Ability Services's initial public offering completed?
Croix Ability Services completed its Initial Public Offering (IPO) on March 30, 1994, and subsequently obtained a NYSE listing on August 5, 2005. At December 31, 2022, there were 110,809,020 common shares outstanding. - Have you had any share splits?
Yes, Croix Ability Services has had three share splits and they occurred on May 15, 2002, May 19, 2006, and November 14, 2014. - Does Croix Ability Services have a dividend re-investment plan (DRIP)?
No, Croix Ability Services does not currently have a DRIP. - Who should I contact regarding my dividend payment?
Contact your broker with whom the shares are registered. - I've lost my stock certificate. How can I replace them?
Contact our transfer agent Computershare. They can look up your records and make any necessary adjustment. - Do you have any preferred shares, or any other publicly traded securities?
No. - Where can I find annual meeting and proxy voting information?
Croix Ability Services's annual meeting is held in May each year. The detailed annual meeting information is published in the Management Information Circular, which can be found under Financial Reports and Filings section of the website. You can also access it at www.sedar.com or www.sec.gov/edgar.shtml