MONTRÉAL, Feb. 13, 2019 /CNW
Telbec/ - Power Corporation of Canada (TSX: POW) announces the declaration
of quarterly dividends on its shares.
Dividends on Non-Participating Preferred Shares
The Board of Directors declared quarterly dividends on the
Corporation's preferred shares, payable April 15, 2019 to shareholders of record
March 25, 2019:
Series
|
Stock
Symbol
|
Amount
|
|
Series
|
Stock
Symbol
|
Amount
|
1986
Series
|
POW.PR.F
|
Floating rate
1
|
|
Series C
|
POW.PR.C
|
36.25¢
|
Series A
|
POW.PR.A
|
35¢
|
|
Series D
|
POW.PR.D
|
31.25¢
|
Series B
|
POW.PR.B
|
33.4375¢
|
|
Series G
|
POW.PR.G
|
35¢
|
1 Equal to
one quarter of 70% of the average prime rate of two major Canadian
chartered banks for the period December 1, 2018 to February 28,
2019.
|
Dividends on Participating Shares
The Board of Directors also declared a quarterly dividend of
38.20 cents per share on the
Participating Preferred Shares and the Subordinate Voting Shares of
the Corporation, payable March 29,
2019 to shareholders of record on March 8, 2019.
Financial results for the year 2018 will be announced following
the forthcoming regularly scheduled meeting of the
Corporation's Board of Directors on March
20, 2019.
For purposes of the Income Tax Act (Canada) and any similar provincial
legislation, all of the above dividends on the Corporation's
preferred shares (including the Participating Preferred Shares) and
Subordinate Voting Shares are eligible dividends.
About Power Corporation
Power Corporation of Canada is
a diversified international management and holding company with
interests in companies in the financial services, asset management,
sustainable and renewable energy, and other business sectors in
North America, Europe and Asia. To learn more, visit
www.PowerCorporation.com.
SOURCE Power Corporation of Canada