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
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