Shares & Dividends, Preferred shares, Series 3

Share information

An unlimited number of Series 3 non‑voting preferred shares, without nominal or par value, issuable in series are authorized.

Preferred shares 12,000,000 Series 3 Cumulative Redeemable Preferred Shares
Redemption Redeemable, at the Corporation’s option, at $25.00 Cdn per share on August 1, 2022 and on August 1 of every fifth year thereafter.
Conversion
  • Convertible on a one‑for‑one basis, at the option of the holder, on August 1, 2022 and on August 1 of every fifth year thereafter into Series 2 Cumulative Redeemable Preferred Shares.
  • Fourteen days before the conversion date, if the Corporation determines, after having taken into account all shares tendered for conversion by holders, that there would be less than 1,000,000 outstanding Series 3 Cumulative Redeemable Preferred Shares, such remaining number shall automatically be converted into an equal number of Series 2 Cumulative Redeemable Preferred Shares.
  • Likewise, if the Corporation determines that on any conversion date there would be less than 1,000,000 outstanding Series 2 Cumulative Redeemable Preferred Shares, then no Series 3 Cumulative Redeemable Preferred Shares may be converted.
Dividend
  • For the five-year period from August 1, 2017 and including July 31, 2022, the Series 3 Cumulative Redeemable Preferred Shares carry fixed cumulative preferential cash dividends at a rate of 3.983% or $0.99575 Cdn per share per annum, payable quarterly on the last day of January, April, July and October of each year at a rate of $0.2489375 Cdn, if declared.
  • For each succeeding five‑year period, the applicable fixed annual rate of the cumulative preferential cash dividends calculated by the Corporation shall not be less than 80% of the Government of Canada bond yield, as defined in the Articles of Incorporation.
  • These dividends shall be payable quarterly on the last day of January, April, July and October, if declared.

Dividends

Dividends on Bombardier securities are to be paid, subject to applicable law, if and when they are declared by the Corporation's Board of Directors.

Please note that as of December 31, 2005, unless stated otherwise, all dividends paid by Bombardier on all of its common and preferred shares are considered "eligible dividends" as per the Canadian Income Tax Act and any corresponding provincial or territorial legislation. The same designation applies under the Quebec Taxation Act for dividends declared after March 23, 2006.

The following lists the dividends declared by Bombardier's Board of Directors on the Corporation's securities.

Preferred Shares, Series 3 (BBD.PR.D)
Payment date

Dividend
payment
(in $ CAN)

Annual
dividend base
(in $ CAN)
Ex-date Record date Declaration
date
January 31, 2021 $0.2489375 $0.99575 January 13, 2021 January 15, 2021 November 4, 2020
October 31, 2020 $0.2489375 $0.99575 October 14, 2020 October 16, 2020 August 5, 2020
July 31, 2020 $0.2489375 $0.99575 July 8, 2020 July 10, 2020 May 6, 2020
April 30, 2020 $0.2489375 $0.99575 April 8, 2020 April 10, 2020 February 12, 2020
January 31, 2020 $0.2489375 $0.99575 January 15, 2020 January 17, 2020 October 30, 2019
October 31, 2019 $0.2489375 $0.99575 October 9, 2019 October 11, 2019 July 31, 2019
July 31, 2019 $0.2489375 $0.99575 July 10, 2019 July 12, 2019 May 1, 2019
April 30, 2019 $0.2489375 $0.99575 April 10, 2019 April 12, 2019 February 13, 2019
January 31, 2019 $0.2489375 $0.99575 January 9, 2019 January 11, 2019 November 7, 2018
October 31, 2018 $0.2489375 $0.99575 October 10, 2018 October 12, 2018 August 1, 2018
July 31, 2018 $0.2489375 $0.99575 July 11, 2018 July 13, 2018  May 2, 2018
April 30, 2018 $0.2489375 $0.99575 April 11, 2018 April 13, 2018 February 14, 2018
January 31, 2018 $0.2489375 $0.99575 January 10, 2018 January 12, 2018 November 1, 2017
October 31, 2017 $0.2489375 $0.99575 October 11, 2017 October 13, 2017 July 27, 2017
July 31, 2017 $0.195875 $0.7835 July 12, 2017 July 14, 2017 May 10, 2017
April 30, 2017 $0.195875 $0.7835 April 12, 2017 April 14, 2017 February 15, 2017
January 31, 2017 $0.195875 $0.7835 January 11, 2017 January 13, 2017 November 9, 2016
October 31, 2016 $0.195875 $0.7835 October 12, 2016 October 14, 2016 August 4, 2016
July 31, 2016 $0.195875 $0.7835 July 13, 2016 July 15, 2016 April 27, 2016
April 30, 2016 $0.195875 $0.7835 April 13, 2016 April 15, 2016 February 16, 2016
January 31, 2016 $0.195875 $0.7835 January 13, 2016 January 15, 2016 October 28, 2015
October 31, 2015 $0.195875 $0.7835 October 14, 2015 October 16, 2015 July 29, 2015
July 31, 2015 $0.195875 $0.7835 July 15, 2015 July 17, 2015 May 7, 2015
April 30, 2015 $0.195875 $0.7835 April 15, 2015 April 17, 2015 February 12, 2015
January 31, 2015 $0.195875 $0.7835 January 14, 2015 January 16, 2015 October 29, 2014
October 31, 2014 $0.195875 $0.7835 October 15, 2014 October 17, 2014 July 30, 2014
July 31, 2014 $0.195875 $0.7835 July 9, 2014 July 11, 2014 April 30, 2014
April 30, 2014 $0.195875 $0.7835 April 9, 2014 April 11, 2014 February 12, 2014
January 31, 2014 $0.195875 $0.7835 January 15, 2014 January 17, 2014 October 30, 2013
October 31, 2013 $0.195875 $0.7835 October 16, 2013 October 18, 2013 July 31, 2013
July 31, 2013 $0.195875 $0.7835 July 10, 2013 July 12, 2013 May 8, 2013
April 30, 2013 $0.195875 $0.7835 April 10, 2013 April 12, 2013 February 20, 2013
January 31, 2013 $0.195875 $0.7835 January 16, 2013 January 18, 2013 November 6, 2012
October 31, 2012 $0.195875 $0.7835 October 10, 2012 October 12, 2012 August 8, 2012
July 31, 2012 $0.32919 $1.3168 July 11, 2012 July 13, 2012 May 9, 2012
April 30, 2012 $0.32919 $1.3168 April 11, 2012 April 13, 2012 January 18, 2012
January 31, 2012 $0.32919 $1.3168 January 11, 2012 January 13, 2012 November 30, 2011
October 31, 2011 $0.32919 $1.3168 October 12, 2011 October 14, 2011 August 30, 2011
July 31, 2011 $0.32919 $1.3168 July 13, 2011 July 15, 2011 May 31, 2011
April 30, 2011 $0.32919 $1.3168 April 13, 2011 April 15, 2011 February 16, 2011
January 31, 2011 $0.32919 $1.3168 January 12, 2011 January 14, 2011 December 1, 2010
October 31, 2010 $0.32919 $1.3168 October 13, 2010 October 15, 2010 August 31, 2010
July 31, 2010 $0.32919 $1.3168 July 14, 2010 July 16, 2010 June 1, 2010
April 30, 2010 $0.32919 $1.3168 April 14, 2010 April 16, 2010 February 17, 2010
January 31, 2010 $0.32919 $1.3168 January 13, 2010 January 15, 2010 December 2, 2009
October 31, 2009 $0.32919 $1.3168 October 14, 2009 October 16, 2009 September 1, 2009
July 31, 2009 $0.32919 $1.3168 July 15, 2009 July 17, 2009 June 2, 2009
April 30, 2009 $0.32919 $1.3168 April 15, 2009 April 17, 2009 February 18, 2009
January 31, 2009 $0.32919 $1.3168 January 14, 2009 January 16, 2009 December 3, 2008
October 31, 2008 $0.32919 $1.3168 October 15, 2008 October 17, 2008 September 3, 2008
July 31, 2008 $0.32919 $1.3168 July 16, 2008 July 18, 2008 June 3, 2008
April 30, 2008 $0.32919 $1.3168 April 16, 2008 April 18, 2008 February 20, 2008
January 31, 2008 $0.32919 $1.3168 January 16, 2008 January 18, 2008 November 27, 2007
October 31, 2007 $0.3292 $1.3168 October 17, 2007 October 19, 2007 August 28, 2007
July 31, 2007 $0.3423 $1.3690 July 11, 2007 July 13, 2007 May 28, 2007
April 30, 2007 $0.3423 $1.3690 April 11, 2007 April 13, 2007 February 20, 2007
January 31, 2007 $0.3423 $1.3690 January 17, 2007 January 19, 2007 November 28, 2006
October 31, 2006 $0.3423 $1.3690 October 11, 2006 October 13, 2006 August 29, 2006
July 31, 2006 $0.3423 $1.3690 July 12, 2006 July 14, 2006 May 29, 2006
April 30, 2006 $0.3423 $1.3690 April 11, 2006 April 13, 2006 February 21, 2006
January 31, 2006 $0.3423 $1.3690 January 18, 2006 January 20, 2006 November 29, 2005
October 31, 2005 $0.3423 $1.3690 October 12, 2005 October 14, 2005 August 23, 2005
July 31, 2005 $0.3423 $1.3690 July 14, 2004 July 16, 2005 May 31, 2005
April 30, 2005 $0.3423 $1.3690 April 13, 2005 April 15, 2005 February 22, 2005
January 31, 2005 $0.3423 $1.3690 January 12, 2005 January 14, 2005 November 30, 2004
October 31, 2004 $0.3423 $1.3690 October 13, 2004 October 15, 2004 August 24, 2004
July 31, 2004 $0.3423 $1.3690 July 14, 2004 July 16, 2004 June 1, 2004
April 30, 2004 $0.3423 $1.3690 April 14, 2004 April 16, 2004 February 24, 2004
January 31, 2004 $0.3423 $1.3690 January 14, 2004 January 16, 2004 December 2, 2003
October 31, 2003 $0.3423 $1.3690 October 15, 2003 October 17, 2003 September 30, 2003
July 31, 2003 $0.3423 $1.3690 July 16, 2003 July 18, 2003 June 10, 2003
April 30, 2003 $0.3423 $1.3690 April 15, 2003 April 18, 2003 April 3, 2003
January 31, 2003 $0.3423 $1.3690 January 15, 2003 January 17, 2003 November 19, 2002
October 31, 2002 $0.3423 $1.3690 October 16, 2002 October 18, 2002 September 24, 2002

Redemption features:

Redeemable, at the Corporation’s option, at $25.00 Cdn per share on August 1, 2017 and on August 1 of every fifth year thereafter.

Conversion features:

  • Convertible on a one-for-one basis, at the option of the holder, on August 1, 2017 and on August 1 of every fifth year thereafter into Series 2 Cumulative Redeemable Preferred Shares.
  • Fourteen days before the conversion date, if the Corporation determines, after having taken into account all shares tendered for conversion by holders, that there would be less than 1,000,000 outstanding Series 3 Cumulative Redeemable Preferred Shares, such remaining number shall automatically be converted into an equal number of Series 2 Cumulative Redeemable Preferred Shares.
  • Likewise, if the Corporation determines that on any conversion date there would be less than 1,000,000 outstanding Series 2 Cumulative Redeemable Preferred Shares, then no Series 3 Cumulative Redeemable Preferred Shares may be converted.

Dividends:

  • For the five-year period from August 1, 2012 and including July 31, 2017, the Series 3 Cumulative Redeemable Preferred Shares carry fixed cumulative preferential cash dividends at a rate of 3.134% or $0.7835 Cdn per share per annum, payable quarterly on the last day of January, April, July and October of each year at a rate of $0.195875 Cdn, if declared.
  • For each succeeding five-year period, the applicable fixed annual rate of the cumulative preferential cash dividends calculated by the Corporation shall not be less than 80% of the Government of Canada bond yield, as defined in the Articles of Incorporation.
  • These dividends shall be payable quarterly on the last day of January, April, July and October, if declared.

View the prospectus