DRIP and SDP

Dividend Reinvestment Plan and Stock Dividend Program

On February 8, 2017, ARC's Board of Directors approved the elimination of the Dividend Reinvestment Plan ("DRIP") and Stock Dividend Program ("SDP"). Elimination of the DRIP and SDP will be effective for the March 2017 dividend, payable on April 17, 2017 to shareholders of record on March 31, 2017. The ex-dividend date is March 29, 2017. Shareholders that were enrolled in either program will automatically receive dividend payments in the form of cash.

Prior to elimination, ARC offered the DRIP and SDP as optional plans for its shareholders. Shareholders were able to receive dividend payments in cash or reinvest their cash dividends into additional common shares of ARC pursuant to the DRIP.  Alternatively, shareholders could elect to receive common shares of ARC in lieu of cash dividends pursuant to the SDP.

[FILELISTING]

The following table outlines each of the three options previously available to ARC’s shareholders with respect to receipt of dividend payments.

  Cash DRIP SDP
Participation (1) Default Optional Optional
Eligibility All Shareholders U.S. citizens or residents are not eligible to participate in ARC's DRIP All Shareholders with the exception of residents in certain U.S. States
Tax Treatment for Canadian Residents(2) Full amount of dividend is included in income in the year the cash dividend is received Full amount of reinvested dividend is included in income in the year the cash dividend is received and reinvested

No material amount expected to be included in income in the year the stock dividend is received

May increase a capital gain (or decrease a capital loss) realized on a subsequent disposition of the common shares received

Price and Fees(3) Monthly cash dividends issued at $0.05/share


No applicable fees
Dividends reinvested at the five day weighted average trading price

No brokerage fees
Shares issued at the five day weighted average trading price


No brokerage fees
Enrollment Not applicable Full or Partial(4)
- Election required
Full or Partial(4)
- Election required(5)

(1) On February 8, 2017, ARC's Board of Directors approved the elimination of the DRIP and SDP. Elimination of the DRIP and SDP will be effective for the March 2017 dividend, payable on April 17, 2017 to shareholders of record on March 31, 2017. The ex-dividend date is March 29, 2017. Shareholders that were enrolled in either program will automatically receive dividend payments in the form of cash.
(2) All shareholders are encouraged to consult their own tax advisors regarding the tax consequences to them of any of these options.
(3) Prior to July 31, 2014 effective discount rate was 5%. Rate changed to 3% effective August 29, 2014 record date. Discount was eliminated effective December 30, 2016 record date.
(4) Shareholders who participate in the SDP will not be able to participate in the DRIP; however, a shareholder is entitled to participate in the SDP or the DRIP with respect to a portion of their shares and to receive cash dividends with respect to the remainder of their shares.

(5) Beneficial Shareholders will need to contact their financial intermediary to determine whther they will be able to participate in the SDP.

For Frequently Asked Questions (FAQs) regarding the SDP and the DRIP please click here.

For information relating to the tax treatment for ARC Resources dividends please visit one of the following pages:

monthly drip and sdp information

For historical DRIP weighted average price information please click here.

[ACCORDION]

 

  • 2017

    Record Date Payment Date Weighted AVG CDN$ DRIP and SDP Price
    January 2017 15/02/2017 20.2974

     

  • 2016

    Record Date Payment Date Weighted AVG CDN$ DRIP and SDP Price
    January 2016 16/02/2016 16.7468
    February 2016 15/03/2016 18.4995
    March 2016 15/04/2016 18.3839
    April 2016 16/05/2016 19.8381
    May 2016 15/06/2016 20.4394
    June 2016 15/07/2016 21.7781
    July 2016 15/08/2016 22.9250
    August 2016 15/09/2016 21.6192
    September 2016 17/10/2016 23.1568
    October 2016 15/11/2016 22.5563
    November 2016 15/12/2016 23.0262
    December 2016 16/01/2017 21.6195

     

  • 2015

    Record Date Payment Date Weighted AVG CDN$ DRIP and SDP Price
    January 2015 17/02/2015 23.7232
    February 2015 16/03/2015 21.4912
    March 2015 15/04/2015 22.2114
    April 2015 15/05/2015 22.6244
    May 2015 15/06/2015 21.3869
    June 2015 15/07/2015 20.5908
    July 2015 17/08/2015 19.1787
    August 2015 15/09/2015 17.4145
    September 2015 15/10/2015 21.0582
    October 2015 16/11/2015 17.5605
    November 2015 15/12/2015 15.7870
    December 2015 15/01/2016 14.8152

     

  • 2014

    Record Date Payment Date Weighted AVG CDN$ DRIP and SDP Price
    January 2014 18/02/2014 27.9465
    February 2014 17/03/2014 27.7139
    March 2014 15/04/2014 30.0603
    April 2014 15/05/2014 29.5909
    May 2014 16/06/2014 31.0477
    June 2014 15/07/2014 29.0768
    July 2014 15/08/2014 28.8256
    August 2014 15/09/2014 29.2855
    September 2014 15/10/2014 26.2980
    October 2014 17/11/2014 27.1680
    November 2014 15/12/2014 23.1252
    December 2014 15/01/2015 21.3060

     

  • 2013

    Record Date Payment Date Weighted AVG CDN$ DRIP and SDP Price*
    January 2013 15/02/2013 23.2847
    February 2013 15/03/2013 25.2039
    March 2013 15/04/2013 25.4842
    April 2013 15/05/2013 25.5277
    May 2013 17/06/2013 25.5793
    June 2013 15/07/2013 26.5524
    July 2013 15/08/2013 24.2182
    August 2013 16/09/2013 25.0580
    September 2013 15/10/2013 25.0192
    October 2013 15/11/2013 27.9578
    November 2013 16/12/2013 27.1866
    December 2013 15/01/2014 27.0002

    *The SDP will take effect for the May 31, 2013 record date.

ARC Resources Ltd.

1200, 308 - 4th Avenue S.W. Calgary, Alberta, Canada T2P 0H7

Tel: 403-503-8600 Toll Free: 1-888-272-4900