The dividend policy of the Company undergoes a periodic review by the Board of Directors and is subject to change at any time depending upon the earnings of the Company, its financial requirements and other factors existing at the time. On February 13, 2013 the Board of Directors approved a dividend policy for the payment of a regular quarterly dividend. It is anticipated that dividends will be paid in October, December, March and June of each fiscal year beginning March 15, 2013*.
Eligible Dividend Designation – pursuant to subsection 89(14) of the Income Tax Act of Canada (ITA) each dividend paid by the Comapany. on or after June 14, 2013 qualifies as an eligible dividend for Canadian income tax purposes, as defined in subsection 89(1) of the ITA.
On September 24, 2018, the Company announced the suspension of its quarterly dividend effective immediately.
WildBrain’s history on dividend payments is as follows:
| Record Date | Payment Date | Amount** | |
| May 25, 2018 | June 22, 2018 | $0.02 | |
| February 23, 2018 | March 12, 2018 | $0.02 | |
| November 28, 2017 | December 18, 2017 | $0.02 | |
| September 27, 2017 | October 25, 2017 | $0.02 | |
| May 26, 2017 | June 20, 2017 | $0.019 | |
| February 24, 2017 | March 17, 2017 | $0.019 | |
| November 29, 2016 | December 16, 2016 | $0.018 | |
| October 11, 2016 | October 21, 2016 | $0.018 | |
| May 30, 2016 | June 20, 2016 | $0.016 | |
| February 26, 2016 | March 21, 2016 | $0.016 | |
| December 4, 2015 | December 29, 2015 | $0.015 | |
| October 8, 2015 | October 16, 2015 | $0.015 | |
| May 29, 2015 | June 19, 2015 | $0.014 | |
| February 27, 2015 | March 20, 2015 | $0.014 | |
| December 5, 2014 | December 29, 2014 | $0.013 | |
| October 3, 2014 | October 15, 2014 | $0.013 | |
| May 30, 2014 | June 20, 2014 | $0.012 | |
| February 28, 2014 | March 21, 2014 | $0.012 | |
| December 6, 2013 | December 27, 2013 | $0.011 | |
| October 2, 2013 | October 16, 2013 | $0.011 | |
| May 31, 2013 | June 14, 2013 | $0.0075 | |
| February 25, 2013 | March 15, 2013 | $0.0075 |
* The gap in dividend payment between June and October is due to the timing of release of the Company’s annual financial statements which are due 90 days from year end. Quarterly financials are due 45 days from each quarter end.
** All amounts represent pre-tax dividend amounts in Canadian dollars.