Printer Friendly

NOVA CORPORATION OF ALBERTA - DIVIDEND NOTICE

 CALGARY, Alberta, Aug. 3 /PRNewswire/ -- Notice is hereby given that the board of directors of NOVA Corporation of Alberta have declared the following quarterly dividend, payable on Aug. 15, 1993, to shareholders of record at the close of business on Aug. 10, 1993.
 Preferred Shares
 9 1/8 percent Series, Dividend No. 34
 Dividend on the outstanding 9 1/8 percent Cumulative Redeemable Fixed/Floating Rate First Preferred Shares for the period ending Aug. 15, 1993, will be in an amount per share equal to one-quarter of 70 percent of the average of the Prime Rate (as defined in the provisions attaching to the 9 1/8 percent Cumulative Redeemable Fixed/Floating Rate First Preferred Shares) in effect on each day during the three calendar months ended on the last day of July 1993 (the "Calculation Period") multiplied by $25. Such dividend, payable Aug. 15, 1993, is $0.2601375 per share, based on a Prime Rate of 6 percent until July 11, 1993 and a Prime Rate of 5 3/4 percent thereafter.
 -0- 8/3/93
 /CONTACT: J.S. Mustoe, VP, general counsel and corporate secretary of NOVA Corporation of Alberta, 403-290-7636/
 (NVA.)


CO: NOVA Corporation of Alberta ST: Alberta IN: OIL SU: DIV

EH -- LA017 -- 8887 08/03/93 12:03 EDT
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Aug 3, 1993
Words:214
Previous Article:SPORT CHALET ANNOUNCES FIRST QUARTER RESULTS
Next Article:CAMI'Z ANNOUNCES SAME STORE SALES UP 57 PERCENT
Topics:

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters