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Polaris Infrastructure Inc (PIF-T) Quote - Press Release

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Polaris Infrastructure Declares Quarterly Dividend

CNW Group - Thu Nov 7, 6:00AM CST

Polaris Infrastructure Inc. (TSX:PIF.TO) ("Polaris Infrastructure" or the "Company"), a Toronto-based company engaged in the acquisition, development and operation of renewable energy projects in Latin America, is pleased to announce that its board of directors has declared a quarterly dividend of US$0.15 per common share outstanding.

This dividend will be paid on November 29(th), 2019 to shareholders of record at the close of business on November 18(th), 2019.

The $0.15 dividend per share related to the third quarter of 2019 equates to a 35% payout ratio, which reflects the positive results the Company continues to produce.

The board of directors of Polaris Infrastructure remains committed to paying a quarterly dividend and will evaluate further dividend payments, as appropriate, going forward.

About Polaris Infrastructure

Polaris Infrastructure is a Toronto-based company engaged in the operation, acquisition and development of renewable energy projects in Latin America. Currently, the Company operates a 72MW geothermal project located in Nicaragua and a 5MW run-of-river project in Peru. The Company completed the construction of another 28 MW of run-of-river projects also located in Peru.

SOURCE Polaris Infrastructure Inc.

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2019/07/c1808.html

SOURCE: Polaris Infrastructure Inc.

Investor Relations, Polaris Infrastructure Inc., Phone: +1 416-849-2587, Email:
info@polarisinfrastructure.com

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