GUELPH, ON, Feb. 14, 2013 /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, 2013 to shareholders of record at the close of business on March 1, 2013.
In addition, the Board of Directors announced a quarterly dividend of $0.453125 per Non-Cumulative Redeemable Class E Preference Shares, Series D, payable March 31, 2013 to shareholders of record at the close of business on March 1, 2013.
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 $4.9 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-owned 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.
Co-operators General Class E, Series C Preference Shares trade under ticker symbol CCS.PR.C and the Class E Series D Preference Shares trade under ticker symbol CCS.PR.D. Both series of shares trade 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
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Co-operators General Insurance Company declares quarterly dividend on: Class E, Series C Preference Shares and Class E, Series D Preference Shares
Feb 14, 2013, 04:30 EST