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Enercare Inc. Announces Monthly Dividend


FOR: ENERCARE INC.
TSX Symbol: ECI

Date issue: April 04, 2017
Time in: 7:30 AM e

Attention:

TORONTO, ON --(Marketwired - April 04, 2017) - Enercare Inc. ("Enercare") (TSX: ECI) today announced a cash dividend of $0.08 per common share which will be payable on April 28, 2017 to shareholders of record at the close of business on April 13, 2017. This dividend is designated as an "eligible dividend" for Canadian income tax purposes. Canadian resident shareholders may enroll in Enercare's recently announced Dividend Reinvestment Plan ("DRIP") and receive common shares of Enercare instead of a cash dividend payment. DRIP participants will receive common shares issued from treasury at a 5% discount to the 5-day volume weighted average trading price immediately before March 31, 2017.

About Enercare

Enercare is headquartered in Toronto, Ontario, Canada and is publicly traded on the Toronto Stock Exchange (TSX: ECI). As one of North America's largest home and commercial services and energy solutions companies with approximately 3,800 employees under its Enercare and Service Experts brands, Enercare is a leading provider of water heaters, water treatment, furnaces, air conditioners and other HVAC rental products, plumbing services, protection plans and related services. With operations in Canada and the United States, Enercare serves approximately 1.6 million customers annually. Enercare is also the largest non-utility sub-meter provider, with electricity, water, thermal and gas metering contracts for condominium and apartment suites in Canada and through its Triacta brand, a premier designer and manufacturer of advanced sub-meters and sub-metering solutions.

For more information on Enercare visit enercare.ca. Additional information regarding Enercare is available on SEDAR at www.sedar.com.

Source: Enercare Inc.

- END RELEASE - 04/04/2017

For further information:

For further information, please contact:
Evelyn Sutherland, CFO
416.649.1860
esutherland@enercare.ca

COMPANY:
FOR: ENERCARE INC.
TSX Symbol: ECI

INDUSTRY: Energy and Utilities - Alternative Energy, Energy and Utilities - Coal, Energy and Utilities - Equipment, Energy and Utilities - Nuclear, Energy and Utilities - Oil and Gas, Energy and Utilities - Pipelines, Energy and Utilities - Utilities, Energy and Utilities - Clean Technology, Financial Services - Personal Finance

RELEASE ID: 20170404CC020

Press Release from Marketwired 1-866-736-3779

All press releases are written by the client and have NO affiliation with the news copy written by The Canadian Press. Any questions that arise due to the content or information provided in the press release should be directed to the company/organization issuing the release, not to The Canadian Press.



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