Dividends

Dividend Information

Please note that the data prior to July 1, 2011 refers to distributions made by Hardwoods Distribution Income Fund to its Unitholders.

Dividends paid by Hardwoods Distribution Inc. are designated to be eligible dividends pursuant to subsection 89(14) of the Income Tax Act (Canada). This dividend policy is subject to the discretion of our Board of Directors, who will periodically review the dividend level based on a number of factors, including HDI’s financial performance, future prospects and capital requirements.

Dividend Payments

Declaration Date Record Date Payment Date Amount ($ per share)
November 19, 2017 January 15, 2018 January 26, 2018 0.0725
August 8, 2017 October 16, 2017 October 27, 2017 0.0725
May 10, 2017 July 17, 2017 July 28, 2017 0.0625
March 17, 2017 April 17, 2017 April 28, 2017 0.0625
November 8, 2016 January 20, 2017 January 31, 2017 0.0625
August 11, 2016 October 17, 2016 October 28, 2016 0.0625
May 12, 2016 July 18, 2016 July 29, 2016 0.055
March 11, 2016 April 19, 2016 April 29, 2016 0.055
November 9, 2015 January 19, 2016 January 29, 2016 0.055
August 13, 2015 October 20, 2015 October 30, 2015 0.055
May 14, 2015 July 20, 2015 July 31, 2015 0.055
March 26, 2015 April 20, 2015 April 30, 2015 0.045
November 7, 2013 January 20, 2015 January 30, 2015 0.045
August 13, 2014 October 20, 2014 October 31, 2014 0.045
May 14, 2014 July 18, 2014 July 31, 2014 0.045
March 10, 2014 April 18, 2014 April 30, 2014 0.045
November 14, 2013 January 20, 2014 January 31, 2014 0.035
August 2, 2013 October 18, 2013 October 31, 2013 0.035
May 9, 2013 July 19, 2013 July 31, 2013 0.035
March 19, 2013 April 19, 2013 April 30, 2013 0.035
November 5, 2012 January 19, 2013 January 31, 2013 0.03
August 7, 2012 October 19, 2012 October 31, 2012 0.03

 

Historical Distributions per Unit

Year Fully Taxable Distributions Dividends Return of Capital Total
2004 $0.409, 56.12% $0.159, 21.80% $0.161, 22.08% $0.73, 100%
2005 $0.464, 43.00% $0.282, 26.16% $0.333, 30.84% $1.08, 100%
2006 $0.422, 45.03% $0.247, 26.33% $0.269, 28.64% $0.94, 100%
2007 $0.601, 70.62% $0.211, 24.83% $0.039, 4.55% $0.85, 100%
2008 $0.302, 50.28% $0.242, 40.36% $0.056, 9.36% $0.60, 100%
2009 $0.000, 00.00% $0.000, 00.00% $0.000, 0.00% $0.00, 100%