Aimia declares quarterly dividends on three preferred share

Board of directors of Aimia (TSX: AIM) has declared quarterly dividends preferred shares, the company said.

Dividends on preferred shares are as follows:

-a quarterly dividend in the amount of USD 0.28125 per Cumulative Rate Reset Preferred Share, Series 1
-a quarterly dividend in the amount of USD 0.33670 per Cumulative Rate Reset Preferred Share, Series 2, and
-a quarterly dividend of USD 0.375688 per Cumulative Rate Reset Preferred Share, Series 3
In each case, dividends are payable on March 31, 2020 to the holders of record at the close of business on March 20, 2020.

Aimia Inc. (TSX: AIM) operates a loyalty solutions business, which is a well-recognized, global full-service provider of next-generation loyalty solutions for many of the world´s leading brands in the retail, airline, CPG, travel & hospitality, financial services and entertainment verticals.

Aimia is focused on growing earnings through its existing business and investments, including the Club Premier program in Mexico, which it jointly controls with Aeromexico through its investment in PLM, and an investment alongside Air Asia in travel technology company BIGLIFE, the operator of BIG Loyalty.