VersaBank to Pay Dividends on Series 1 and Series 3 Preferred Shares

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Club
$299/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Nov 27, 2019 07:00 am
LONDON, Ontario -- 

VersaBank (TSX:VB) today announced that its Board of Directors have declared quarterly cash dividends on its 6.772% Series 1 Preferred Shares (TSX:VB.PR.A) and 7.000% Series 3 Preferred Shares (TSX:VB.PR.B).

The Series 1 Preferred Share dividend of $0.1693 per share and Series 3 Preferred Share dividend of $0.1750 per share are payable, subject to the approval of the Toronto Stock Exchange (“TSX”), as of January 31, 2020 to shareholders of record at the close of business on January 3, 2020.

As previously announced, VersaBank will also pay a dividend of $0.0250 per Common Share, subject to the approval of the TSX, as of January 31, 2020 to shareholders of record at the close of business on January 3, 2020.

The dividends to which this notice relates are eligible dividends for tax purposes.

About VersaBank

VersaBank adopted an electronic branchless model in 1993, becoming the world’s first branchless financial institution. It holds a Canadian Schedule I chartered bank licence and obtains its deposits, and the majority of its loans and leases, electronically. VersaBank’s Common Shares trade on the Toronto Stock Exchange under the symbol VB and its Series 1 Preferred Shares and Series 3 Preferred Shares trade under the symbols VB.PR.A and VB.PR.B, respectively.

Investor Relations: Wade MacBain, (800) 244-1509, [email protected]
Visit our website at: http://www.versabank.com

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).