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06.05.2021 23:10:00
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E-L Financial Corporation Limited Announces Dividends
TORONTO, May 6, 2021 /CNW/ - The Board of Directors of E-L Financial Corporation Limited (TSX: ELF) (TSX: ELF.PR.F) (TSX: ELF.PR.G) (TSX: ELF.PR.H) today declared the following cash dividends:
Class | Record Date | Payable Date | Amount of |
First Preference Shares, | June 30, 2021 | July 16, 2021 | $0.33125 |
First Preference Shares, | June 30, 2021 | July 16, 2021 | $0.296875 |
First Preference Shares, | June 30, 2021 | July 16, 2021 | $0.34375 |
Series A Preference | June 30, 2021 | July 16, 2021 | $0.125 |
Common Shares | June 30, 2021 | July 16, 2021 | $2.50 |
The Board has approved a change to the Company's dividend policy, increasing its quarterly dividend to $2.50 per Common Share. The Company's dividend policy is established by the Board of Directors at its discretion and is subject to change.
E-L Financial Corporation Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation.
SOURCE E-L Financial Corporation
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