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Co-operators General Insurance Company Declares Quarterly Dividend on: Class E, Series C Preference Shares

Mittwoch, 15.02.2017 23:00 von PR Newswire

Canada NewsWire

GUELPH, ON, Feb. 15, 2017 /CNW/ - The Board of Directors of Co-operators General Insurance Company ("Co-operators General") today announced a quarterly dividend of $0.3125 per Non-Cumulative Redeemable Class E Preference Shares, Series C, payable March 31, 2017 to shareholders of record at the close of business on March 2, 2017.

Co-operators General has designated the dividends referred to above as eligible dividends for the purposes of the Income Tax Act (Canada).

With assets of more than $5.8 billion, Co-operators General is a leading Canadian-owned multi-product insurance company.  Co-operators General is part of The Co-operators Group Limited, a Canadian co-operative. Through its group of companies it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is well known for its community involvement and its commitment to sustainability, and is listed among the 50 Best Employers in Canada by AON Hewitt.

Co-operators General Class E, Series C Preference Shares trade under ticker symbol CCS.PR.C on the Toronto Stock Exchange (TSX). Further information can be found at www.cooperators.ca.

Note to Editors: All figures in Canadian dollars.

SOURCE The Co-operators