E-L Financial Corporation Limited Announces Dividends
May 06 2021 - 5:10PM
PR Newswire (Canada)
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
Dividend
|
|
First Preference
Shares,
Series 1
|
June 30,
2021
|
July 16,
2021
|
$0.33125
|
|
First Preference
Shares,
Series 2
|
June 30,
2021
|
July 16,
2021
|
$0.296875
|
|
First Preference
Shares,
Series 3
|
June 30,
2021
|
July 16,
2021
|
$0.34375
|
|
Series A
Preference
Shares
|
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
Copyright 2021 Canada NewsWire
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