Retail Supplier Parent Announces Increase To Distributions
Crius Energy Trust announced that the Board of Directors of Crius Energy Administrator Inc., the administrator of the Trust (the "Board") has approved a 2% increase to distributions paid on units of the Trust ("Units"), representing an annualized increase of $0.0161 per Unit and a total annualized distribution of $0.8204 per Unit. Accordingly, monthly distributions on Units for the fourth quarter of 2017 will be paid at a rate of $0.0684 per Unit, representing a 2% increase over the previous annualized distribution rate of $0.8043 per Unit. (all $ Canadian)
The Board declared the Trust's monthly distributions on Units, each in the amount of $0.0684 per Unit, through the fourth quarter of 2017. Such distributions are payable for each of October 2017, November 2017 and December 2017 to unitholders of the Trust as set forth below.