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  Dividends & Stock Splits
  
 

All dividends paid on ATCO Ltd. shares on or after January 1, 2006 are designated "eligible dividends" for Canadian income tax purposes unless ATCO Ltd. indicates otherwise.  You should consult your tax advisor for advice with respect to the income tax consequences of receiving eligible dividends.  Further information regarding the taxation of eligible dividends is also available from the Canada Revenue Agency.


Dividends on Class I Non-Voting and Class II Voting Shares

  Payment Date Record Date Ex-dividend Date Amount

2010 Mar 31 Mar 10 Mar 08 0.265
Jun 30 Jun 09 Jun 07 0.265
  Sep 30 Sep 09 Sep 07 0.265


2009  Mar 31 Mar 09 Mar 05 0.25
Jun 30 Jun 08 Jun 04 0.25
Sep 30 Sep 08 Sep 03 0.25
  Dec 31 Dec 07 Dec 03 0.25

2008  Mar 31 Mar 12 Mar 10 0.235
  Jun 30 Jun 11 Jun 09 0.235
  Sep 30 Sep 10 Sep 08 0.235
  Dec 31 Dec 10 Dec 08 0.235


2007  Mar 31 Mar 14 Mar 12 0.22
  Jun 30 Jun 13 Jun 11 0.22
  Sep 30 Sep 12 Sep 10 0.22
  Dec 31  Dec 12 Dec 10 0.22


2006  Mar 31 Mar 15 Mar 13 0.205
  Jun 30 Jun 14 Jun 12 0.205
  Sep 30 Sep 13 Sep 11 0.205
  Dec 31 Dec 13 Dec 11 0.205


2005  Mar 31 Mar 16 Mar 14 0.19
  Jun 30 Jun 15 Jun 13 0.19
  Sep 30 Sep 14 Sep 12 0.19
  Dec 31 Dec 14 Dec 12 0.19


On August 29, 2005, ATCO Ltd. effected a two-for-one stock split.  Dividends have been adjusted to reflect this split.


2010 Dividend Payment Dates

The declaration and payment of dividends is at the discretion of the Board of Directors. Please note that the following dates are tentative and to be used as guidelines only.

ATCO Class I Non-Voting & Class II Voting

 Record Date  Payment Date
 March 10  March 31
 June 9  June 30
 September 9  September 30
 December 10  December 31

ATCO Preferred Series 3

News Update

ATCO Ltd. Announces Redemption of All 5.75% Cumulative Redeemable Preferred Shares, Series 3

CALGARY, ALBERTA--(Marketwire - Feb. 18, 2010) - ATCO Ltd. (TSX:ACO.X)(TSX:ACO.Y) today announced it will redeem on March 23, 2010 all of its outstanding 5.75% Cumulative Redeemable Preferred Shares, Series 3 at a price of $25.586644 (representing the $25.00 designated capital of each share and a prescribed premium of $0.50 per share plus $0.086644 of accrued and unpaid dividends per share). The total cost of this redemption is $153.5 million.

Read the full news release for more details.

 Record Date  Payment Date
 February 8  March 1
 
The Company does not have a Dividend Reinvestment Plan.

Dividend History:
Class I Non-Voting and Class II Voting Shares

Year

 

Annual
Dividend

2009

 

1.00

2008

 

0.94

2007

 

0.88

2006

 

0.82

2005

 

0.76

2004

 

0.70

2003

 

0.64

2002

 

0.58

2001

 

0.52

2000

 

0.46

1999

 

0.40

1998

 

0.34

1997

 

0.28

1996

 

0.26

1995

 

0.18

1994

 

0.135

1993

 

0.12


On August 29, 2005, ATCO Ltd. effected a two-for-one stock split.  Dividends have been adjusted to reflect this split.