Student Transportation Inc.

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  • Dividends
    • Reinvestment Plan
    • Drip FAQ
• Financial Reports
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Dividends

Student Transportation Inc's policy is to distribute its available cash to the maximum extent possible by way of equal monthly dividends and interest.

Dividends are declared on a quarterly basis and are paid on a monthly basis. Shareholders of record on the last business day of a calendar month will receive dividends on the fifteenth day (or the next business day if the fifteenth is not a business day) of the next calendar month, or such other date as may be determined from time to time by the directors of Student Transportation Inc.

Dividend Income Tax Information

Tax information is provided only for the general use of security holders, and is a summary only. For tax planning or professional advice, please consult a qualified professional. For more information, please consult Student Transportation Inc.'s most recent Form T5 as filed in the Financial Reports section.

STI designates these dividends to be "eligible dividends" pursuant to subsection 89 (14) of the Income Tax Act (Canada) and its equivalent in any provinces of Canada. These dividends should be considered "qualified dividends" from a U.S. Tax perspective under section 1 (h) (II) of the Internal Revenue Code of 1986, as amended, subject to the shareholder meeting and the holding period requirement to claim the qualified dividend treatment.