Altus Group announces dividend for the third quarter of 2022

Altus Group announces dividend for the third quarter of 2022


TORONTO, September 14, 2022 (GLOBE NEWSWIRE) — Altus Group Limited (“Altus” or “the Company”) AIFa market-leading provider of intelligence-as-a-service to the global commercial real estate (“CRE”) industry, today announced that its board of directors has approved the payment of a cash dividend of $0.15 per common share for the third quarter ended September 30 Has. 2022.

Payment will be made on October 17, 2022 to common shareholders of record as of September 30, 2022.

Altus Group’s Dividend Reinvestment Plan (“DRIP”) allows eligible shareholders to reinvest their cash dividends directly into additional common stock of the Company. For shareholders wishing to reinvest their dividends under the DRIP, Altus Group intends to issue treasury common shares at a price equal to 96% of the weighted average closing price of the shares for the five trading days prior to the dividend payment date.

For detailed information on the DRIP program, see corporate website.

Altus Group confirms that all dividends paid or deemed to be paid to its common shareholders are “eligible dividends” for the purposes of subsection 89(14) of the Income Taxes Act (Canada) and similar provincial and territorial laws, unless otherwise noted .

About the Altus Group

Altus Group provides the global commercial real estate industry with key actionable intelligence solutions powered by our de facto standard ARGUS technology, unparalleled asset-level data and market-leading expertise. As the leader in delivering Intelligence as a Service, Altus Group empowers CRE professionals to make informed decisions faster and more comprehensively to maximize revenue and reduce risk. Trusted by most of the world’s largest CRE leaders, our CRE asset valuation, performance and risk management solutions are integrated into mission-critical workflows across the CRE value chain. Founded in 2005, Altus Group is a global company with approximately 2,650 employees in North America, EMEA…


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