Co-operators General Insurance Company Declares Quarterly Dividend On: Class E, Series C Preference Shares

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Co-operators General Insurance Company Declares Quarterly Dividend On: Class E, Series C Preference Shares

Canada NewsWire

GUELPH, ON, Oct. 16, 2020 /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 December 31, 2020 to shareholders of record at the close of business on December 1, 2020.

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 $8.1 billion, Co-operators General is a leading Canadian multi-product insurance company. Co-operators General is part of The Co-operators Group Limited, a Canadian 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 ranked as #1 among the Corporate Knights' Best 50 Corporate Citizens in Canada and lists among the Best Employers in Canada by Kincentric.

Co-operators General Class E, Series C Preference Shares trade under ticker symbol CCS.PR.C 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 Group Limited

Cision View original content: http://www.newswire.ca/en/releases/archive/October2020/16/c7917.html

Copyright CNW Group 2020

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