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CALGARY, Alberta, July 18, 2017 (GLOBE NEWSWIRE) — Alaris Royalty Corp. (“Alaris” or the “Corporation”) (TSX:AD) announces that the Board of Directors of the Corporation has declared a dividend of $0.135 per common share for the month of July 2017, representing $1.62 per share on an annualized basis.  The dividend is payable on August 15, 2017 to shareholders of record on July 31, 2017.  The ex-dividend date is July 27, 2017.

This dividend is designated by the Corporation to be an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation.  An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.

About Alaris:

The Corporation provides alternative financing for a diversified group of private businesses (“Private Company Partners”) in exchange for royalties or distributions from the Private Company Partners, with the principal objective of generating stable and predictable cash flows for dividend payments to its shareholders.  Distributions from the Private Company Partners are adjusted each year based on the percentage change of a “top line” financial performance measure such as gross margin and same-store sales and rank in priority to the owners’ common equity position.

Curtis Krawetz
Vice President, Investments and Investor Relations
Alaris Royalty Corp.
P: (403) 221-7305
Suite 250, 333 24th Avenue S.W.
Calgary, Alberta T2S 3E6
www.alarisroyalty.com