Investing
Investment Shares
Investing
Investment Shares
Dividend Record
Alterna Savings has paid the following dividends regarding its last ten fiscal years:
Fiscal Year | Class A | Class A | Class A | Class A | Class A | Class A |
---|---|---|---|---|---|---|
2021 | 3.50% | 2.50% | 2.50% | 2.50% | 4.00% | 4.00% |
2020 | 3.50% | 2.50% | 2.50% | 2.50% | 4.00% | 4.00%* |
2019 | 3.50% | 3.50% | 3.50% | 3.50% | 4.00% | 4.00%* |
2018 | 3.50% | 3.80% | 3.80% | 3.80% | 4.00% | - |
2017 | 3.35% | 3.50% | 3.50% | 3.50% | - | - |
2016 | 3.35% | 3.35% | 4.50% | - | - | - |
2015 | 3.35% | 3.35% | 4.50% | - | - | - |
2014 | 3.35% | 3.35% | 4.50% | - | - | - |
2013 | 3.35% | 3.15% | 4.50% | - | - | - |
2012 | 5.63% | 3.15% | 4.50% | - | - | - |
* Prorated from the time of issue date.
Alterna Savings and Credit Union Board in September 2017 set a dividend rate of 3.50% for Series 1 shares for the next five years (Fiscal Year 2018 to Fiscal Year 2022).
On December 3, 2021 the Board of Directors approved the dividend payment of 2.50% for the 12-month period of January 1, 2021 to December 31, 2021 for Series 2, 3 & 4 Investment Shares.
The Board of Directors approved the dividend payment of 4.00% for the period January 1, 2021 to December 31, 2021 to the shareholders of record of the Shares as at December 31, 2021 for Series 5 and Series 6 Investment Shares.
Past payment of dividends is in no way an indicator of the likelihood of payment for future dividends.
Updated: January 2022
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