TDG: TSX $ CAN

Disclaimer

Trinidad Drilling Ltd. ("Trinidad") uses reasonable commercial efforts to ensure that the information contained on this web site is accurate but does not in any way guarantee the currency, accuracy, completeness, non-infringement or authenticity of such information. All information contained on this web site, including all stock price information, is provided for convenience and information purposes only and is not intended for trading, business, financial or other purposes. Your use of this site is in itself acceptance of the foregoing disclaimer.

Dividend History

On March 2, 2016, Trinidad’s board of directors agreed to suspend the dividend.

Trinidad’s dividend policy is subject to review quarterly by the board of directors; taking into consideration anticipated annual cash flow, the prevailing financial and market circumstances of Trinidad and other relevant factors.

Eligible Dividends for Canadian Tax Purposes

Trinidad confirms that all dividends paid to shareholders are, pursuant to subsection 89(14) of the Income Tax Act (Canada), designated as “eligible dividends”.

Trinidad does not have a dividend reinvestment policy.

Dividend History:

2015
2014
2013
2012
2011
2010
2009
2008
Dividend Record Date Payment Date Payment (per share)
December 31, 2015 January 15, 2016 $0.010
September 30, 2015 October 15, 2015 $0.050
June 30, 2015 July 15, 2015 $0.050
March 31, 2015 April 15, 2015 $0.050
Dividend Record Date Payment Date Payment (per share)
December 31, 2014 January 15, 2015 $0.050
September 30, 2014 October 15, 2014 $0.050
June 30, 2014 July 15, 2014 $0.050
March 31, 2014 April 15, 2014 $0.050
Dividend Record Date Payment Date Payment (per share)
December 31, 2013 January 15, 2014 $0.050
September 30, 2013 October 15, 2013 $0.050
June 28, 2013 July 15, 2013 $0.050
March 28, 2013 April 15, 2013 $0.050
Dividend Record Date Payment Date Payment (per share)
December 31, 2012 January 15, 2013 $0.050
September 28, 2012 October 15, 2012 $0.050
June 29, 2012 July 16, 2012 $0.050
March 30, 2012 April 16, 2012 $0.050
Dividend Record Date Payment Date Payment (per share)
December 30, 2011 January 16, 2012 $0.050
September 30, 2011 October 14, 2011 $0.050
June 30, 2011 July 15, 2011 $0.050
March 31, 2011 April 15, 2011 $0.050
Dividend Record Date Payment Date Payment (per share)
December 31, 2010 January 14, 2011 $0.050
September 30, 2010 October 15, 2010 $0.050
June 30, 2010 July 15, 2010 $0.050
March 31, 2010 April 15, 2010 $0.050
Dividend Record Date Payment Date Payment (per share)
December 31, 2009 January 15, 2010 $0.050
September 30, 2009 October 15, 2009 $0.050
June 30, 2009 July 15, 2009 $0.050
March 31, 2009 April 15, 2009 $0.050
Dividend Record Date Payment Date Payment (per share)
December 31, 2008 January 15, 2009 $0.150
September 30, 2008 October 15, 2008 $0.150
June 30, 2008 July 15, 2008 $0.150
March 31, 2008 April 15, 2008 $0.050

On March 10, 2008, Trinidad’s unitholder’s approved the reorganization of Trinidad Energy Services Income Trust to Trinidad Drilling Ltd. Following this reorganization, Trinidad pays quarterly dividends to shareholders in place of the monthly distributions paid by the Trust. A summary of the distributions paid by the Trust follows.

Distribution History:

2008
2007
2006
2005
2004
2003
2002
Record Date Date Payment (per trust unit)
February 29, 2008 March 17, 2008 $0.050
January 31, 2008 February 15, 2008 $0.050
Record Date Date Payment (per trust unit)
December 31, 2007 January 15, 2008 $0.115
November 30, 2007 December 17, 2007 $0.115
October 31, 2007 November 15, 2007 $0.115
September 30, 2007 October 15, 2007 $0.115
August 31, 2007 September 14, 2007 $0.115
July 31, 2007 August 15, 2007 $0.115
June 29, 2007 July 15, 2007 $0.115
May 31, 2007 June 15, 2007 $0.115
April 30, 2007 May 15, 2007 $0.115
March 30, 2007 April 16, 2007 $0.115
February 28, 2007 March 15, 2007 $0.115
January 31, 2007 February 15, 2007 $0.115
Record Date Date Payment (per trust unit)
December 31, 2006 January 15, 2007 $0.115
November 30, 2006 December 15, 2006 $0.115
October 31, 2006 November 15, 2006 $0.115
September 30, 2006 October 15, 2006 $0.115
August 31, 2006 September 15, 2006 $0.115
July 31, 2006 August 15, 2006 $0.115
June 30, 2006 July 15, 2006 $0.115
May 31, 2006 June 15, 2006 $0.115
April 30, 2006 May 15, 2006 $0.095
March 31, 2006 April 15, 2006 $0.095
February 28, 2006 March 15, 2006 $0.085
January 31, 2006 February 15, 2006 $0.085
Record Date Date Payment (per trust unit)
December 31, 2005 January 15, 2006 $0.085
November 30, 2005 December 15, 2005 $0.085
October 31, 2005 November 15, 2005 $0.085
September 30, 2005 October 15, 2005 $0.085
August 31, 2005 September 15, 2005 $0.075
July 31, 2005 August 15, 2005 $0.075
June 30, 2005 July 15, 2005 $0.075
May 31, 2005 June 15, 2005 $0.075
April 30, 2005 May 15, 2005 $0.065
March 31, 2005 April 15, 2005 $0.065
February 28, 2005 March 15, 2005 $0.065
January 31, 2005 February 15, 2005 $0.060
Record Date Date Payment (per trust unit)
December 31, 2004 January 15, 2005 $0.060
November 30, 2004 December 15, 2004 $0.060
October 31, 2004 November 15, 2004 $0.060
September 30, 2004 October 15, 2004 $0.060
August 31, 2004 September 15, 2004 $0.060
July 31, 2004 August 15, 2004 $0.060
June 30, 2004 July 15, 2004 $0.055
May 31, 2004 June 15, 2004 $0.055
April 30, 2004 May 15, 2004 $0.055
March 31, 2004 April 15, 2004 $0.055
February 29, 2004 March 15, 2004 $0.045
January 31, 2004 February 15, 2004 $0.045
Record Date Date Payment (per trust unit)
December 31, 2003< January 15, 2004 $0.045
November 30, 2003 December 15, 2003 $0.045
October 31, 2003 November 15, 2003 $0.045
September 30, 2003 October 15, 2003 $0.035
August 31, 2003 September 15, 2003 $0.035
July 31, 2003 August 15, 2003 $0.035
June 30, 2003 July 15, 2003 $0.035
May 31, 2003 June 15, 2003 $0.030
April 30, 2003 May 15, 2003 $0.030
March 31, 2003 April 15, 2003 $0.030
February 29, 2003 March 15, 2003 $0.030
January 31, 2003 February 15, 2003 $0.030
Record Date Date Payment (per trust unit)
December 31, 2002 January 15, 2003 $0.0225
November 30, 2002 December 15, 2002 $0.0225
October 31, 2002 November 15, 2002 $0.030