Element Financial Declares Dividend on Cumulative 5-Year Rate Reset Preferred Shares, Series A
March 04 2014 - 4:30PM
Marketwired
Element Financial Declares Dividend on Cumulative 5-Year Rate Reset
Preferred Shares, Series A
TORONTO, ONTARIO--(Marketwired - Mar 4, 2014) - Element
Financial Corporation (TSX:EFN)(TSX:EFN.PR.A) ("Element" or "the
Company"), one of North America's leading equipment finance
companies, announced today that its Board of Directors declared a
dividend of $0.4701 per Series A preferred share payable on March
31, 2014 to shareholders of record on March 17, 2014. The dividend
payment is for the period from and including the date of issue up
to but excluding March 31, 2014.
The dividend is designated as an eligible dividend for the
purpose of section 89(1) of the Income Tax Act
(Canada).
About Element Financial Corporation
With total assets of more than $4 billion, Element Financial
Corporation is one of North America's leading equipment finance
companies. Element operates across North America in five verticals
of the equipment finance market - Commercial Finance, Vendor
Finance, Aviation Finance, Railcar Finance and Fleet
Management.
Element Financial CorporationJohn SadlerSenior Vice
President(416) 386-1067 ext. 2313jsadler@elementfinancial.caElement
Financial CorporationMichel BelandChief Financial Officer(416)
386-1067 ext. 2225mbeland@elementfinancial.ca
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