CO-OPERATORS GENERAL INSURANCE COMPANY DECLARES QUARTERLY DIVIDEND ON: CLASS E, SERIES C PREFERENCE SHARES and CLASS E, SERIES D PREFERENCE SHARES
GUELPH - The Board of Directors of Co-operators General Insurance Company announced a quarterly dividend of $0.3125 per Non-Cumulative Redeemable Class E Preference Shares, Series C, payable June 30, 2011 to shareholders of record at the close of business on June 1, 2011.
In addition, the Board of Directors announced a quarterly dividend of $0.453125 per Non Cumulative Redeemable Class E Preference Shares, Series D, payable June 30, 2011 to shareholders of record at the close of business on June 1, 2011.
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 $5.2 billion, Co-operators General is a leading Canadian-owned multi-product insurance company. Co-operators General is part of The Co-operators Group Ltd., a national group of companies owned by a group of Canadian co-operatives, credit union centrals and like-minded organizations that focus on insurance and investment products.