GMP's preferred shares are listed on the Toronto Stock Exchange ("TSX").

Year Record Date Pay Date C$ Amount
2020 - - Temporarily Suspended*
June 15 June 30 0.2257
March 16 March 31 0.2257
2019 December 16 December 31 0.2257
September 16 October 1 0.2257
June 14 July 2 0.2257
March 15 April 1 0.2257
2018 December 17 December 31 0.2257
September 14 October 1 0.2257
June 15 July 3 0.2257
March 15 April 2 0.2257
2017 December 15 January 2 (2018) 0.2257
September 15 October 2 0.2257
June 15 June 30 0.2257
March 15 March 31 0.2257
2016 December 15 January 3 (2017) 0.2257
September 15 September 30 0.2257
June 15 June 30 0.2257
March 15 March 31 0.3438
2015 December 15 December 31 0.3438
September 15 September 30 0.3438
June 15 June 30 0.3438
March 16 March 31 0.3438
2014 December 10 December 31 0.3438
September 10 September 30 0.3438
June 10 June 30 0.3438
March 14 March 31 0.3438
2013 December 10 December 31 0.3438
September 10 September 30 0.3438
June 10 June 30 0.3438
March 15 March 31 0.3438
2012 December 10 December 31 0.3438
September 10 September 30 0.3438
June 8 June 30 0.3438
March 22 March 31 0.3438
2011 December 9 December 31 0.3438
September 9 September 30 0.3438
June 9 June 30 0.3438
March 18 March 31 0.1394

*On July 30, 2020, the Board of Directors approved to temporarily suspend quarterly cash dividends on all classes of its preferred shares. The Company’s net working capital as at June 30, 2020 was $122.8 million. While this level of liquidity is sufficient to pay dividends, under Section 38(3) of the Business Corporations Act (Ontario), the Company's governing corporate statute, the Company cannot pay a dividend if there are reasonable grounds for believing that the net realizable value of the Company’s assets would be less than the aggregate of its liabilities and its legal stated capital of all classes of shares (common and preferred) as at September 30, 2020, the date on which its quarterly preferred share dividend would normally be paid. Dividends on the outstanding preferred shares are cumulative and will continue to accrue in accordance with the rights, privileges, restrictions and conditions associated with each series of preferred shares. Due to the current level of stated capital of the Company’s outstanding common and preferred shares, the Board of Directors has reasonable grounds to believe that this test would not be satisfied as at September 30, 2020, the date on which its quarterly preferred share dividend would normally be paid. As such the Company is suspending the dividends on its preferred shares. At its next meeting of common shareholders, the Company intends to seek the approval of its common shareholders to reduce the stated capital of the common shares to allow the Company to resume paying dividends, including accrued, unpaid dividends on the preferred shares. Dividends on the outstanding preferred shares are cumulative and will continue to accrue in accordance with the rights, privileges, restrictions and conditions associated with each series of preferred shares.