E-L FINANCIAL CORPORATION LIMITED ANNOUNCES DIVIDENDS
March 02 2023 - 7:13PM
PR Newswire (Canada)
TORONTO, March 2,
2023 /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
|
March 31,
2023
|
April 17,
2023
|
$0.33125
|
|
First Preference
Shares,
Series 2
|
March 31,
2023
|
April 17,
2023
|
$0.296875
|
|
First Preference
Shares,
Series 3
|
March 31,
2023
|
April 17,
2023
|
$0.34375
|
|
Series A Preference
Shares
|
March 31,
2023
|
April 17,
2023
|
$0.125
|
|
Common
Shares
|
March 31,
2023
|
April 17,
2023
|
$3.75
|
The Board has approved a change to the Company's dividend policy,
increasing its quarterly dividend to $3.75 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 2023 Canada NewsWire
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