Altus Group Declares Q2 2025 Dividend for Shareholders
Altus Group Announces Cash Dividend for Q2 2025
Altus Group Limited, known for its innovative commercial real estate (CRE) intelligence solutions, recently made an exciting announcement regarding its dividend payout. The company's Board of Directors has approved a cash dividend of $0.15 per common share. This decision reflects Altus Group’s commitment to return value to its shareholders, especially as they navigate the ever-evolving landscape of the real estate sector.
Details of the Dividend Payment
This dividend is designated for the second quarter, ending June 30, 2025, with payments expected to be distributed on July 15, 2025. Shareholders who are on record as of June 30, 2025, will be eligible for this payout, ensuring that those invested in Altus Group continue to see returns on their investments.
Dividend Reinvestment Plan Insights
For shareholders interested in maximizing their investments, Altus Group offers a Dividend Reinvestment Plan (DRIP). This program allows eligible shareholders to reinvest their cash dividends into additional shares of the company. By offering shares at 96% of the average closing price from the last five trading days before the dividend payment, Altus provides an excellent opportunity for shareholders to enhance their stock holdings and enjoy compound growth.
Eligibility and Tax Considerations
It is important for shareholders to understand the implications of these dividends. Altus Group has confirmed that all dividends paid to its common shareholders qualify as “eligible dividends” under subsection 89(14) of the Income Tax Act (Canada). This classification is crucial for tax purposes, as it affects how dividends are reported and taxed in individual income. Always consult with a tax professional to understand how these dividends may impact personal finances.
Company Overview
Altus Group plays a pivotal role in the commercial real estate sector by integrating data, analytics, and expertise. With a dedicated global team of approximately 2,000 professionals, the company empowers industry leaders to optimize performance and mitigate risks. As cities continue to evolve, Altus Group stands at the forefront of driving change, shaping the spaces where communities thrive and businesses flourish.
Contact Information
Shareholders, analysts, and prospective investors seeking more information can reach out directly to Altus Group’s Investor Relations. Martin Miasko, the Senior Director of Investor Relations and Strategy, is available for inquiries at (416) 204-5136. For immediate communication, he can be contacted via email at martin.miasko@altusgroup.com, ensuring that stakeholders have direct access to valuable insights regarding the company.
Frequently Asked Questions
What is the amount of the declared dividend?
The declared dividend for the second quarter of 2025 is $0.15 per common share.
When will the dividend be paid?
The dividend payment is scheduled for July 15, 2025, for all eligible shareholders.
How can I reinvest my dividends?
Shareholders can participate in Altus Group’s Dividend Reinvestment Plan (DRIP), which allows them to reinvest their cash dividends into additional shares.
Are all dividends classified as eligible dividends?
Yes, all dividends paid to common shareholders are considered eligible dividends under Canadian tax law.
Who can I contact for more information?
For further questions, please contact Martin Miasko at (416) 204-5136 or via email at martin.miasko@altusgroup.com.
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