Alpine Summit Energy Partners Sets October 2022 Dividend Of $0.03 Per Subordinate Voting Share

Author: Benzinga Newsdesk | October 03, 2022 07:11am

Nashville, Tennessee and Vancouver, British Columbia--(Newsfile Corp. - October 3, 2022) - Alpine Summit Energy Partners, Inc. (TSXV:ALPS) (NASDAQ:ALPS) ("Alpine Summit" or the "Company") is pleased to announce that, in accordance with its current monthly dividend policy, the Board of Directors of the Company has declared a dividend of US$0.03 per subordinate voting share for the month of October 2022. Simultaneously with declaring the dividend on the subordinate voting shares, the directors also declared a dividend on the Company's multiple voting shares equal to US$3.00 per share and a dividend on the Company's proportionate voting shares equal to US$0.03 per share.

The dividend is payable on October 31, 2022, to the shareholders of record at the close of business on October 17, 2022. The dividend qualifies as an "eligible dividend" as defined in the Income Tax Act (Canada).

Posted In: ALPS TSXV:ALPS