Dividend Information

A History of Consistent Dividend Payments

Our company is a long-standing member of the S&P/TSX Canadian Dividend Aristocrats® Index, which is reserved for securities that, among other eligibility criteria, have increased their ordinary cash dividends every year for at least five years and have a float-adjusted market capitalization of at least $300 million. Our company was listed on the Toronto Stock Exchange in 1968 and has paid a dividend every year since. We pay quarterly. Unless stated otherwise, all dividends paid are designated as "eligible dividends" for the purposes of the Income Tax Act of Canada.

Fiscal Year:

All Years

Cash Dividends All Years

Declared	Record	Payable	Amount	Type
Feb 13, 2024	March 8, 2024	April 4, 2024	0.48	Canadian funds; 15% non-res tax
Total dividends in 2024:			0.48
Oct 30, 2023	Dec 8, 2023	Jan 4, 2024	0.43	Canadian funds; 15% non-res tax
July 26, 2023	Sept 8, 2023	Oct 4, 2023	0.43	Canadian funds; 15% non-res tax
April 27, 2023	June 9, 2023	July 5, 2023	0.43	Canadian funds; 15% non-res tax
Feb 14, 2023	March 9, 2023	April 4, 2023	0.43	Canadian funds; 15% non-res tax
Total dividends in 2023:			1.72
Nov 1, 2022	Dec 8, 2022	Jan 5, 2023	0.39	Canadian funds; 15% non-res tax
July 26, 2022	Sept 8, 2022	Oct 4, 2022	0.39	Canadian funds; 15% non-res tax
Apr 27, 2022	Jun 9, 2022	Jul 5, 2022	0.39	Canadian funds; 15% non-res tax
Feb 6, 2022	Mar 9, 2022	Apr 4, 2022	0.39	Canadian funds; 15% non-res tax
Total dividends in 2022:			1.56
Nov 4, 2021	Dec 8, 2021	Jan 5, 2022	0.35	Canadian funds; 15% non-res tax
Jul 28, 2021	Sep 8, 2021	Oct 4, 2021	0.35	Canadian funds; 15% non-res tax
May 5, 2021	Jun 9, 2021	Jul 5, 2021	0.35	Canadian funds; 15% non-res tax
Feb 11, 2021	Mar 9, 2021	Apr 1, 2021	0.31	Canadian funds; 15% non-res tax
Total dividends in 2021:			1.36
Nov 5, 2020	Dec 9, 2020	Jan 5, 2021	0.31	Canadian funds; 15% non-res tax
Jul 28, 2020	Sep 8, 2020	Oct 2, 2020	0.31	Canadian funds; 15% non-res tax
Apr 30, 2020	Jun 9, 2020	Jul 3, 2020	0.31	Canadian funds; 15% non-res tax
Feb 11, 2020	Mar 9, 2020	Apr 2, 2020	0.31	Canadian funds; 15% non-res tax
Total dividends in 2020:			1.24
Nov 4, 2019	Dec 9, 2019	Jan 3, 2020	0.27	Canadian funds; 15% non-res tax
Jul 24, 2019	Sep 6, 2019	Oct 2, 2019	0.27	Canadian funds; 15% non-res tax
May 2, 2019	Jun 7, 2019	Jul 3, 2019	0.27	Canadian funds; 15% non-res tax
Feb 14, 2019	Mar 8, 2019	Apr 3, 2019	0.27	Canadian funds; 15% non-res tax
Total dividends in 2019:			1.08
Nov 5, 2018	Dec 7, 2018	Jan 3, 2019	0.23	Canadian funds; 15% non-res tax
Jul 24, 2018	Sep 7, 2018	Oct 2, 2018	0.23	Canadian funds; 15% non-res tax
Apr 25, 2018	Jun 8, 2018	Jul 3, 2018	0.23	Canadian funds; 15% non-res tax
Feb 22, 2018	Mar 9, 2018	Apr 2, 2018	0.23	Canadian funds; 15% non-res tax
Total dividends in 2018:			0.92
Nov 7, 2017	Dec 8, 2017	Jan 3, 2018	0.19	Canadian funds; 15% non-res tax
Jul 25, 2017	Sep 8, 2017	Oct 2, 2017	0.19	Canadian funds; 15% non-res tax
Apr 26, 2017	Jun 9, 2017	Jul 4, 2017	0.19	Canadian funds; 15% non-res tax
Feb 6, 2017	Mar 10, 2017	Apr 3, 2017	0.19	Canadian funds; 15% non-res tax
Total dividends in 2017:			0.76
Nov 7, 2016	Dec 9, 2016	Jan 3, 2017	0.18	Canadian funds; 15% non-res tax
Jul 26, 2016	Sep 9, 2016	Oct 3, 2016	0.18	Canadian funds; 15% non-res tax
Apr 26, 2016	Jun 10, 2016	Jul 4, 2016	0.18	Canadian funds; 15% non-res tax
Feb 9, 2016	Mar 10, 2016	Apr 1, 2016	0.18	Canadian funds; 15% non-res tax
Total dividends in 2016:			0.72
Nov 2, 2015	Dec 10, 2015	Jan 4, 2016	0.17	Canadian funds; 15% non-res tax
Jul 28, 2015	Sep 11, 2015	Oct 1, 2015	0.17	Canadian funds; 15% non-res tax
Apr 22, 2015	Jun 11, 2015	Jul 2, 2015	0.17	Canadian funds; 15% non-res tax
Feb 5, 2015	Mar 13, 2015	Apr 1, 2015	0.17	Canadian funds; 15% non-res tax
Total dividends in 2015:			0.68
Oct 27, 2014	Dec 11, 2014	Jan 2, 2015	0.15	Canadian funds; 15% non-res tax
Jul 28, 2014	Sep 11, 2014	Oct 1, 2014	0.15	Canadian funds; 15% non-res tax
Apr 24, 2014	Jun 13, 2014	Jul 2, 2014	0.15	Canadian funds; 15% non-res tax
Feb 10, 2014	Mar 13, 2014	Apr 1, 2014	0.15	Canadian funds; 15% non-res tax
Total dividends in 2014:			0.60
Nov 4, 2013	Dec 11, 2013	Jan 2, 2014	0.13	Canadian funds; 15% non-res tax
Jul 29, 2013	Sep 12, 2013	Oct 1, 2013	0.13	Canadian funds; 15% non-res tax
Apr 24, 2013	Jun 13, 2013	Jul 2, 2013	0.13	Canadian funds; 15% non-res tax
Feb 11, 2013	Mar 13, 2013	Apr 1, 2013	0.13	Canadian funds; 15% non-res tax
Total dividends in 2013:			0.52
Oct 26, 2012	Dec 11, 2012	Jan 2, 2013	0.12	Canadian funds; 15% non-res tax
Jul 31, 2012	Sep 13, 2012	Oct 1, 2012	0.12	Canadian funds; 15% non-res tax
Apr 26, 2012	Jun 15, 2012	Jul 3, 2012	0.12	Canadian funds; 15% non-res tax
Feb 24, 2012	Mar 9, 2012	Apr 2, 2012	0.12	Canadian funds; 15% non-res tax
Total dividends in 2012:			0.48
Oct 12, 2011	Dec 12, 2011	Jan 3, 2012	0.11	Canadian funds; 15% non-res tax
Aug 12, 2011	Sep 15, 2011	Oct 3, 2011	0.11	Canadian funds; 15% non-res tax
Apr 21, 2011	Jun 10, 2011	Jul 1, 2011	0.10	Canadian funds; 15% non-res tax
Jun 1, 2011	Jun 7, 2011	Jun 8, 2011	1.00	Spin-off (in shares of another issue)
				Spin-off (in shares of another issue)
Feb 25, 2011	Mar 11, 2011	Apr 1, 2011	0.09024	Canadian funds; 15% non-res tax
Total dividends in 2011:			1.41024
Oct 14, 2010	Dec 13, 2010	Jan 4, 2011	0.09024	Canadian funds; 15% non-res tax
Aug 12, 2010	Sep 16, 2010	Oct 1, 2010	0.09024	Canadian funds; 15% non-res tax
Apr 22, 2010	Jun 11, 2010	Jul 2, 2010	0.0846	Canadian funds; 15% non-res tax
Feb 10, 2010	Mar 12, 2010	Apr 1, 2010	0.0846	Canadian funds; 15% non-res tax
Total dividends in 2010:			0.34968
Oct 15, 2009	Dec 14, 2009	Jan 4, 2010	0.0846	Canadian funds; 15% non-res tax
Jul 21, 2009	Sep 15, 2009	Oct 1, 2009	0.0846	Canadian funds; 15% non-res tax
Apr 23, 2009	Jun 12, 2009	Jul 2, 2009	0.0846	Canadian funds; 15% non-res tax
Feb 10, 2009	Mar 13, 2009	Apr 1, 2009	0.0846	Canadian funds; 15% non-res tax
Total dividends in 2009:			0.3384
Oct 28, 2008	Dec 12, 2008	Jan 2, 2009	0.07896	Canadian funds; 15% non-res tax
Jul 22, 2008	Sep 15, 2008	Oct 1, 2008	0.07896	Canadian funds; 15% non-res tax
Apr 24, 2008	Jun 13, 2008	Jul 2, 2008	0.07896	Canadian funds; 15% non-res tax
Feb 5, 2008	Mar 14, 2008	Apr 1, 2008	0.07896	Canadian funds; 15% non-res tax
Total dividends in 2008:			0.31584
Oct 31, 2007	Dec 14, 2007	Jan 2, 2008	0.06768	Canadian funds; 15% non-res tax
Aug 14, 2007	Sep 14, 2007	Oct 1, 2007	0.06768	Canadian funds; 15% non-res tax
Apr 26, 2007	Jun 15, 2007	Jul 3, 2007	0.06768	Canadian funds; 15% non-res tax
Feb 6, 2007	Mar 16, 2007	Apr 2, 2007	0.06768	Canadian funds; 15% non-res tax
Total dividends in 2007:			0.27072
Nov 1, 2006	Dec 15, 2006	Jan 2, 2007	0.0564	Canadian funds; 15% non-res tax
Aug 15, 2006	Sep 15, 2006	Oct 2, 2006	0.0564	Canadian funds; 15% non-res tax
Apr 21, 2006	Jun 16, 2006	Jul 4, 2006	0.0564	Canadian funds; 15% non-res tax
Feb 14, 2006	Mar 17, 2006	Apr 3, 2006	0.0564	Canadian funds; 15% non-res tax
Total dividends in 2006:			0.2256
Nov 2, 2005	Dec 16, 2005	Jan 3, 2006	0.04512	Canadian funds; 15% non-res tax
Aug 15, 2005	Sep 16, 2005	Oct 3, 2005	0.04512	Canadian funds; 15% non-res tax
Apr 22, 2005	Jun 16, 2005	Jul 4, 2005	0.04512	Canadian funds; 15% non-res tax
Feb 15, 2005	Mar 18, 2005	Apr 1, 2005	0.04512	Canadian funds; 15% non-res tax
Total dividends in 2005:			0.18048
Nov 2, 2004	Dec 17, 2004	Jan 3, 2005	0.03666	Canadian funds; 15% non-res tax
Aug 16, 2004	Sep 17, 2004	Oct 1, 2004	0.03666	Canadian funds; 15% non-res tax
Apr 14, 2004	Jun 16, 2004	Jul 2, 2004	0.03666	Initial Can. div;inc. shares;15% non-res
				Stock dividend
Feb 18, 2004	Apr 5, 2004	Apr 14, 2004	1.00	Stock dividend
Feb 18, 2004	Mar 18, 2004	Apr 1, 2004	0.03666	Canadian funds; 15% non-res tax
Total dividends in 2004:			1.14664
Oct 28, 2003	Dec 17, 2003	Jan 2, 2004	0.03102	Canadian funds; 15% non-res tax
Aug 13, 2003	Sep 17, 2003	Oct 1, 2003	0.03102	Canadian funds; 15% non-res tax
Apr 16, 2003	Jun 17, 2003	Jul 2, 2003	0.0282	Canadian funds; 15% non-res tax
Feb 19, 2003	Mar 18, 2003	Apr 1, 2003	0.0282	Canadian funds; 15% non-res tax
Total dividends in 2003:			0.11844
Oct 29, 2002	Dec 17, 2002	Jan 2, 2003	0.02538	Canadian funds; 15% non-res tax
Aug 14, 2002	Sep 17, 2002	Oct 1, 2002	0.02538	Canadian funds; 15% non-res tax
Apr 11, 2002	Jun 17, 2002	Jul 2, 2002	0.02538	Canadian funds; 15% non-res tax
Feb 20, 2002	Mar 19, 2002	Apr 2, 2002	0.02538	Canadian funds; 15% non-res tax
Total dividends in 2002:			0.10152
Oct 30, 2001	Dec 17, 2001	Jan 2, 2002	0.02397	Canadian funds; 15% non-res tax
Aug 14, 2001	Sep 17, 2001	Oct 1, 2001	0.02397	Canadian funds; 15% non-res tax
Apr 11, 2001	Jun 18, 2001	Jul 3, 2001	0.02397	Canadian funds; 15% non-res tax
Feb 20, 2001	Mar 19, 2001	Apr 2, 2001	0.02397	Canadian funds; 15% non-res tax
Total dividends in 2001:			0.09588
Oct 31, 2000	Dec 18, 2000	Jan 2, 2001	0.02256	Canadian funds; 15% non-res tax
Aug 15, 2000	Sep 18, 2000	Oct 2, 2000	0.02256	Canadian funds; 15% non-res tax
Apr 13, 2000	Jun 16, 2000	Jul 3, 2000	0.02256	Canadian funds; 15% non-res tax
Feb 22, 2000	Mar 17, 2000	Apr 3, 2000	0.02256	Canadian funds; 15% non-res tax
Total dividends in 2000:			0.09024
Nov 2, 1999	Dec 20, 1999	Jan 3, 2000	0.01974	Canadian funds; 15% non-res tax
Aug 17, 1999	Sep 17, 1999	Oct 1, 1999	0.01974	Canadian funds; 15% non-res tax
Apr 14, 1999	Jun 18, 1999	Jul 2, 1999	0.01974	Canadian funds; 15% non-res tax
Feb 23, 1999	Mar 18, 1999	Apr 1, 1999	0.01974	Canadian funds; 15% non-res tax
Total dividends in 1999:			0.07896
Oct 30, 1998	Dec 21, 1998	Jan 4, 1999	0.01833	Canadian funds; 15% non-res tax
Aug 19, 1998	Sep 17, 1998	Oct 1, 1998	0.01833	Canadian funds; 15% non-res tax
Apr 16, 1998	Jun 18, 1998	Jul 2, 1998	0.03666	Canadian funds; 15% non-res tax
Feb 17, 1998	May 1, 1998	May 6, 1998	1.00	Stock split
				Stock split
Feb 17, 1998	Mar 18, 1998	Apr 1, 1998	0.03666	Canadian funds; 15% non-res tax
Total dividends in 1998:			1.10998
Nov 7, 1997	Dec 19, 1997	Jan 2, 1998	0.0282	Canadian funds; 15% non-res tax
Sep 11, 1997	Sep 22, 1997	Oct 2, 1997	0.0282	Canadian funds; 15% non-res tax
Apr 17, 1997	Jun 18, 1997	Jul 2, 1997	0.0282	Canadian funds; 15% non-res tax
Feb 21, 1997	Mar 18, 1997	Apr 1, 1997	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1997:			0.1128
Nov 15, 1996	Dec 19, 1996	Jan 2, 1997	0.02115	Canadian funds; 15% non-res tax
Aug 26, 1996	Sep 18, 1996	Oct 2, 1996	0.02115	Canadian funds; 15% non-res tax
Apr 23, 1996	Jun 18, 1996	Jul 2, 1996	0.02115	Canadian funds; 15% non-res tax
Apr 26, 1996	May 3, 1996	May 8, 1996	1.00	Stock split
				Stock split
Feb 21, 1996	Mar 18, 1996	Apr 1, 1996	0.0423	Canadian funds; 15% non-res tax
Total dividends in 1996:			1.10575
Nov 6, 1995	Dec 19, 1995	Jan 2, 1996	0.03666	Canadian funds; 15% non-res tax
Aug 29, 1995	Sep 18, 1995	Oct 2, 1995	0.03666	Canadian funds; 15% non-res tax
Apr 26, 1995	Jun 20, 1995	Jul 4, 1995	0.03666	Canadian funds; 15% non-res tax
Feb 24, 1995	Mar 20, 1995	Apr 3, 1995	0.03666	Canadian funds; 15% non-res tax
Total dividends in 1995:			0.14664
Nov 15, 1994	Dec 19, 1994	Jan 3, 1995	0.02256	Canadian funds; 15% non-res tax
Aug 30, 1994	Sep 19, 1994	Oct 3, 1994	0.02256	Canadian funds; 15% non-res tax
May 3, 1994	Jun 20, 1994	Jul 4, 1994	0.02256	Initial Can. div;inc. shares;15% non-res
				Stock split
Apr 21, 1994	May 6, 1994	May 6, 1994	1.00	Stock split
Mar 7, 1994	Mar 21, 1994	Apr 4, 1994	0.04512	Canadian funds; 15% non-res tax
Total dividends in 1994:			1.1128
Nov 15, 1993	Dec 20, 1993	Jan 4, 1994	0.03666	Canadian funds; 15% non-res tax
Sep 1, 1993	Sep 20, 1993	Oct 4, 1993	0.03666	Canadian funds; 15% non-res tax
Apr 21, 1993	Jun 18, 1993	Jul 2, 1993	0.03666	Canadian funds; 15% non-res tax
Mar 29, 1993	Mar 17, 1993	Apr 1, 1993	0.03384	Canadian funds; 15% non-res tax
Total dividends in 1993:			0.14382
Nov 9, 1992	Dec 21, 1992	Jan 4, 1993	0.03384	Canadian funds; 15% non-res tax
Sep 9, 1992	Sep 16, 1992	Oct 1, 1992	0.03384	Canadian funds; 15% non-res tax
Apr 30, 1992	Jun 17, 1992	Jul 2, 1992	0.03384	Canadian funds; 15% non-res tax
Mar 4, 1992	Mar 17, 1992	Apr 2, 1992	0.03102	Canadian funds; 15% non-res tax
Mar 4, 1992	Mar 17, 1992	Apr 2, 1992	0.141	Special pmt;Canada; 15% non-res tax
Total dividends in 1992:			0.27354
Nov 8, 1991	Dec 18, 1991	Jan 2, 1992	0.03102	Canadian funds; 15% non-res tax
Sep 18, 1991	Sep 16, 1991	Oct 1, 1991	0.03102	Announce past record;Can curr 15% tax
May 24, 1991	Jun 17, 1991	Jul 2, 1991	0.03102	Canadian funds; 15% non-res tax
May 13, 1991	Mar 18, 1991	Apr 1, 1991	0.03102	Announce past record;Can curr 15% tax
Total dividends in 1991:			0.12408
Nov 16, 1990	Dec 17, 1990	Jan 2, 1991	0.03102	Canadian funds; 15% non-res tax
Sep 6, 1990	Sep 17, 1990	Oct 1, 1990	0.03102	Canadian funds; 15% non-res tax
May 2, 1990	Jun 18, 1990	Jul 3, 1990	0.03102	Canadian funds; 15% non-res tax
Mar 1, 1990	Mar 19, 1990	Apr 2, 1990	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1990:			0.12126
Nov 15, 1989	Dec 18, 1989	Jan 2, 1990	0.0282	Canadian funds; 15% non-res tax
Sep 12, 1989	Sep 18, 1989	Oct 2, 1989	0.0282	Canadian funds; 15% non-res tax
Jun 9, 1989	Jun 19, 1989	Jul 3, 1989	0.0282	Canadian funds; 15% non-res tax
Mar 9, 1989	Mar 20, 1989	Apr 3, 1989	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1989:			0.1128
Dec 15, 1988	Dec 19, 1988	Jan 2, 1989	0.0282	Canadian funds; 15% non-res tax
Sep 7, 1988	Sep 19, 1988	Oct 3, 1988	0.0282	Canadian funds; 15% non-res tax
Jun 3, 1988	Jun 20, 1988	Jul 4, 1988	0.0282	Canadian funds; 15% non-res tax
Mar 7, 1988	Mar 21, 1988	Apr 4, 1988	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1988:			0.1128
Nov 11, 1987	Dec 21, 1987	Jan 4, 1988	0.0282	Canadian funds; 15% non-res tax
Aug 28, 1987	Sep 17, 1987	Oct 2, 1987	0.0282	Canadian funds; 15% non-res tax
May 19, 1987	Jul 2, 1987	Jul 13, 1987	0.0282	Canadian funds; 15% non-res tax
Apr 7, 1987	Apr 7, 1987	Apr 16, 1987	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1987:			0.1128
Dec 4, 1986	Dec 23, 1986	Jan 5, 1987	0.0282	Canadian funds; 15% non-res tax
Sep 3, 1986	Sep 24, 1986	Oct 3, 1986	0.0282	Canadian funds; 15% non-res tax
Apr 28, 1986	Jul 2, 1986	Jul 11, 1986	0.0282	Canadian funds; 15% non-res tax
Mar 19, 1986	Apr 2, 1986	Apr 11, 1986	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1986:			0.1128
Nov 8, 1985	Dec 20, 1985	Jan 6, 1986	0.0282	Canadian funds; 15% non-res tax
Aug 27, 1985	Sep 24, 1985	Oct 4, 1985	0.0282	Canadian funds; 15% non-res tax
Apr 26, 1985	Jul 2, 1985	Jul 12, 1985	0.0282	Canadian funds; 15% non-res tax
Mar 19, 1985	Apr 3, 1985	Apr 12, 1985	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1985:			0.1128
Nov 28, 1984	Dec 21, 1984	Jan 4, 1985	0.0282	Canadian funds; 15% non-res tax
Aug 20, 1984	Sep 24, 1984	Oct 4, 1984	0.0282	Canadian funds; 15% non-res tax
May 25, 1984	Jul 3, 1984	Jul 13, 1984	0.0282	Canadian funds; 15% non-res tax
Mar 20, 1984	Apr 3, 1984	Apr 13, 1984	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1984:			0.1128
Nov 21, 1983	Dec 23, 1983	Jan 5, 1984	0.0282	Canadian funds; 15% non-res tax
Aug 30, 1983	Sep 23, 1983	Oct 3, 1983	0.0282	Canadian funds; 15% non-res tax
May 3, 1983	Jul 4, 1983	Jul 14, 1983	0.0282	Canadian funds; 15% non-res tax
Mar 22, 1983	Apr 4, 1983	Apr 14, 1983	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1983:			0.1128
Nov 18, 1982	Dec 23, 1982	Jan 5, 1983	0.0282	Canadian funds; 15% non-res tax
Aug 20, 1982	Sep 24, 1982	Oct 4, 1982	0.0282	Canadian funds; 15% non-res tax
May 3, 1982	Jul 2, 1982	Jul 12, 1982	0.0282	Canadian funds; 15% non-res tax
Mar 19, 1982	Apr 2, 1982	Apr 12, 1982	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1982:			0.1128
Nov 23, 1981	Dec 23, 1981	Jan 5, 1982	0.0282	Canadian funds; 15% non-res tax
Aug 21, 1981	Sep 25, 1981	Oct 5, 1981	0.0282	Canadian funds; 15% non-res tax
Jun 2, 1981	Jul 3, 1981	Jul 13, 1981	0.02256	Canadian funds; 15% non-res tax
Mar 19, 1981	Apr 3, 1981	Apr 13, 1981	0.02256	Canadian funds; 15% non-res tax
Total dividends in 1981:			0.10152
Nov 28, 1980	Dec 15, 1980	Jan 5, 1981	0.02256	Canadian funds; 15% non-res tax
Aug 20, 1980	Sep 5, 1980	Sep 19, 1980	0.02256	Canadian funds; 15% non-res tax
Jun 4, 1980	Jun 16, 1980	Jul 7, 1980	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1980:			0.07332
Dec 5, 1979	Dec 14, 1979	Jan 4, 1980	0.0282	Canadian funds; 15% non-res tax
Jun 6, 1979	Jun 15, 1979	Jul 5, 1979	0.0282	Canadian funds; 15% non-res tax
Total dividends in 1979:			0.0564

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Toromont Industries Ltd.

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