Saputo, for purposes of the Income Tax Act (Canada) and other similar provincial legislation, designates all dividends paid to be eligible dividends unless indicated otherwise. It is currently anticipated that future dividends will be eligible dividends.
Note that a portion of the dividend of $0.1650 per common share, payable on September 14, 2018, will not be designated as an eligible dividend. The portion that will not be designated as an eligible dividend is currently estimated to be $0.0132 per common share. The remaining portion of the dividend, currently estimated to be $0.1518 per common share, will be designated as an eligible dividend for Canadian federal and provincial income tax purposes.
A portion of the dividend previously paid does not qualify as an eligible dividend:
September 16, 2013*