Dividends

Saputo has a policy of declaring quarterly cash dividends on the Common Shares. The Board of Directors reviews the Company’s dividend policy at least once annually, based on factors such as financial condition, financial performance, capital requirements.

Eligible shareholders may elect to have all or a portion of their quarterly cash dividends automatically reinvested into additional Common Shares. For more information, please click here.

Eligible Dividends

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.

Exceptions

A portion of the dividend previously paid does not qualify as an eligible dividend:

Eligible

Not Eligible

Total

September 16, 2013*

$0.1107 /share

$0.0043 /share

$0.1150 /share

September 14, 2018

$0.1518 /share

$0.0132 /share

$0.1650 /share

* The amount of dividends indicated above is adjusted for the two-for-one stock split effective September 29, 2014.

To consult the Company’s dividend policy, visit the Governance section.

Information on this page is adjusted for stock splits, including the two-for-one split effective September 29, 2014.

The declaration and payment of quarterly dividends are subject to approval by the Board of Directors. The record and payment dates as well as amounts of dividends for the current fiscal year are:

DECLARATION DATE

RECORD DATE

PAYMENT DATE

AMOUNT

Fiscal 2023

August 4, 2022

September 6, 2022

September 16, 2022

$0.18

November 10, 2022

December 6, 2022

December 16, 2022

$0.18

Fiscal 2022

June 9, 2022

June 21, 2022

June 28, 2022

$0.18

February 10, 2022

March 8, 2022

March 18, 2022

$0.18

November 4, 2021

December 7, 2021

December 17, 2021

$0.18

August 5, 2021

September 7, 2021

September 17, 2021

$0.18

Fiscal 2021

June 3, 2021

June 16, 2021

June 25, 2021

$0.175

February 4, 2021

March 16, 2021

March 26, 2021

$0.175

November 5, 2020

December 23, 2020

January 7, 2021

$0.175

August 6, 2020

September 22, 2020

October 2, 2020

$0.175