Frequently Asked Questions
CML HealthCare Inc.
1. What is CML HealthCare Inc.'s (CML) ticker symbol? How do I become a shareholder of CML?
2. Can non-Canadians invest in CML?
3. Who is the transfer agent for CML?
4. What are dividend, ex-dividend, record, and payment dates?
5. Does CML offer a distribution reinvestment plan (DRIP)?
7. What are "eligible dividends" and "ineligible dividends"?
8. What are the tax implications of the dividends for a Canadian and U.S. shareholder?
1. What is CML HealthCare Inc.'s (CML) ticker symbol? How do I become a shareholder of CML?
Answer:
CML units trade on the Toronto Stock Exchange under the symbol CLC. CML shares can be purchased through a broker or discount brokerage. CML shares cannot be purchased directly from the company.
2. Can non-Canadians invest in CML?
Answer:
Yes. Non-Canadians should contact their local investment representatives of international brokerages to inquire about purchasing CML shares.
3. Who is the transfer agent for CML?
Answer:
CML’s transfer agent is CIBC Mellon Trust Company
4. What are dividend, ex-dividend, record, and payment dates?
Answer:
CML's 2011 dividend, ex-dividend, record and payment dates are listed in the table below:
2011 Dividend Calender for CML HealthCare Inc.
|
Dividend Month |
Declaration Date |
Ex-Dividend Date |
Record Date |
Payment Date |
|
January |
January 19 |
January 27 |
January 31 |
February 18 |
|
February |
February15 |
February 24 |
February 28 |
March 18 |
|
March |
March 21 |
March 29 |
March 31 |
April 20 |
|
April |
April 18 |
April 27 |
April 29 |
May 20 |
|
May |
May 18 |
May 27 |
May 31 |
June 20 |
|
June |
June 20 |
June 28 |
June 30 |
July 20 |
|
July |
July 19 |
July 27 |
July 29 |
August 22 |
|
August |
August 19 |
August 29 |
August 31 |
September 20 |
|
September |
September 20 |
September 28 |
September 30 |
October 20 |
|
October |
October 19 |
October 27 |
October 31 |
November 18 |
|
November |
November 18 |
November 28 |
November 30 |
December 20 |
|
December |
December 16 |
December 28 |
December 30 |
January 20 |
5. Does CML offer a dividend reinvestment plan (DRIP)?
Answer:
CML does not offer a dividend reinvestment plan.
6. What is the allocation between “return-of-capital” and “other income” on the distributions declared by CML prior to 2011?
Answer:
A portion of CML’s distributions prior to 2011 are deemed “return-of-capital” with the balance taxed as “other income”. The annual allocation of distributions prior to 2011 between these two categories is available on our T3 website.
7. What are "eligible dividends" and "ineligible dividends"?
Answer:
“Eligible dividends” received by Canadian residents are generally subject to personal income tax at a lower rate than “ineligible dividends”. The ability of the Company to pay an “eligible dividend” depends on many factors with the nature of the income earned and the tax rate of that income being among the key factors. For the month of January 2011, "eligible dividends" total $0.0316 per common share while "ineligible dividends" total $0.0313 per common share. It is currently anticipated that future dividends will be "eligible dividends".
8. What are the tax implications of dividends for a Canadian and U.S. Unitholder?
Answer:
For a detailed explanation on the tax implications for a Canadian Shareholder of CML, please click here. For a detailed explanation on the tax implications for a U.S. Shareholder of CML, please click here.
