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Bullboard - Stock Discussion Forum EQB Inc. T.EQB.PR.C


Primary Symbol: T.EQB Alternate Symbol(s):  EQGPF

EQB Inc. operates through its wholly owned subsidiary Equitable Bank. Equitable Bank provides diversified personal and commercial banking through its EQ Bank platform. The Company operates through two main divisions: Personal Banking and Commercial Banking. Its Personal Banking segment consists of deposits, single family residential mortgage loans, home equity lines of credit, reverse mortgages... see more

TSX:EQB - Post Discussion

EQB Inc. > EQB increases common share dividend
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Post by Betteryear2 on Dec 07, 2023 6:48pm

EQB increases common share dividend

  • EQB's Board of Directors declared a dividend of $0.40 per common share payable on December 29, 2023 to shareholders of record as of December 20, 2023, representing a 5% increase from the dividend paid on September 29, 2023 and 21% above the payment made on December 30, 2022 consistent with guidance of 20 to 25% annual growth
  • The Board also declared a quarterly dividend of $0.373063 per preferred share, payable on December 29, 2023 to shareholders of record at the close of business December 20, 2023
  • For the purposes of the Income Tax Act (Canada) and any similar provincial legislation, dividends declared are eligible dividends, unless otherwise indicated
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