The Board of Directors of ATCO Ltd. declared a first quarter dividend of 40.48 cents per Class I Non-Voting and Class II Voting Share, a 7.5% increase over the 37.66 cents paid in each of the previous four quarters. This common share dividend is payable March 31, 2019, to shareholders of record on March 7, 2019. These dividends are eligible dividends within the meaning of the Income Tax Act (Canada).