AKITA Drilling Ltd. began paying dividends to shareholders in 1996. The payment of any dividend is at the discretion of the Board of Directors and depends upon the financial condition of the Company and other factors. Dividends are eligible for Canadian Income Tax Purposes unless specifically indicated otherwise. In 2019, the Company elected to suspend its dividend program.
Yearly Summary of Dividends
| YEAR | QUARTERLY AMOUNT PER SHARE ($CDN) | YEARLY AMOUNT PER SHARE ($CDN) |
|---|---|---|
| 2019 | 0.085 | 0.17 |
| 2018 | 0.085 | 0.34 |
| 2017 | 0.085 | 0.34 |
| 2016 | 0.085 | 0.34 |
| 2015 | 0.085 | 0.34 |
| 2014 | 0.085 | 0.34 |
| 2013 | 0.08 | 0.32 |
| 2012 | 0.07 | 0.28 |
| 2011 | 0.07 | 0.28 |
| 2010 | 0.07 | 0.28 |
| 2009 | 0.07 | 0.28 |
| 2008 | 0.07 | 0.28 |
| 2007 | 0.07 | 0.28 |
| 2006 | 0.06 | 0.24 |
| 2005 | 0.11 – 0.05 | 0.225 |
| 2005 | 2:1 Stock Split | |
| 2004 | 0.1 | 0.4 |
| 2003 | 0.09 | 0.36 |
| 2002 | 0.09 | 0.36 |
| 2001 | 0.09 | 0.36 |
| 2000 | 0.08 | 0.32 |
| 1999 | 0.07 | 0.28 |
| 1998 | 0.06 | 0.24 |
| 1997 | 0.05 | 0.2 |
| 1996 | 0.025 | 0.1 |