Of interest to LCS holders
iA Financial increases dividend to 67.5 cents per share
2022-07-28 10:40 ET - News Release
An anonymous director reports
IA FINANCIAL CORPORATION INC. ANNOUNCES 8% INCREASE IN THE DIVIDEND ON ITS COMMON SHARES AND INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES INC. ANNOUNCES THE PAYMENT OF A DIVIDEND ON ITS PREFERRED SHARES
iA Financial Corp. Inc. has declared an increase of five cents in the dividend per outstanding common share for the quarter ended June 30, 2022, raising it to 67.5 cents. This dividend will be payable on Sept. 15, 2022, to all common shareholders of record at the close of business on Aug. 12, 2022.
iA Financial reminds common shareholders who wish to enroll in iA Financial's dividend reinvestment and share purchase plan (DRIP) that they must do so no later than 4 p.m. on Aug. 5, 2022, in order to reinvest the next dividend. To enroll, go to the company's website. Please note that the common shares issued under the DRIP will be purchased on the secondary market and that no discount will apply.
In addition, the board of directors of Industrial Alliance Insurance and Financial Services Inc. announced today:
- The payment of a dividend of 28.75 cents per non-cumulative Class A preferred share -- Series B. This dividend is payable in cash on Sept. 30, 2022, to preferred shareholders of record at Aug. 26, 2022;
- The payment of a dividend of 30 cents per non-cumulative Class A preferred share -- Series I. This dividend is payable in cash on Sept. 30, 2022, to preferred shareholders of record at Aug. 26, 2022.
For the purposes of the Income Tax Act (Canada) and any corresponding provincial or territorial tax legislation, all dividends paid by iA Financial on its common shares and by Industrial Alliance Insurance and Financial Services on its preferred shares are eligible dividends.
About iA Financial Corp. Inc.
iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).
iA Financial Group is a business name and trademark of iA Financial and Industrial Alliance Insurance and Financial Services.
By the way LCS unit nav finished the day with avalue of about $14.65 as they have gained about 25 cents since AUG. 11 , following in the footsteps of DGS and LBS , which have been on fire.
iA Financial increases dividend to 67.5 cents per share
2022-07-28 10:40 ET - News Release
An anonymous director reports
IA FINANCIAL CORPORATION INC. ANNOUNCES 8% INCREASE IN THE DIVIDEND ON ITS COMMON SHARES AND INDUSTRIAL ALLIANCE INSURANCE AND FINANCIAL SERVICES INC. ANNOUNCES THE PAYMENT OF A DIVIDEND ON ITS PREFERRED SHARES
iA Financial Corp. Inc. has declared an increase of five cents in the dividend per outstanding common share for the quarter ended June 30, 2022, raising it to 67.5 cents. This dividend will be payable on Sept. 15, 2022, to all common shareholders of record at the close of business on Aug. 12, 2022.
iA Financial reminds common shareholders who wish to enroll in iA Financial's dividend reinvestment and share purchase plan (DRIP) that they must do so no later than 4 p.m. on Aug. 5, 2022, in order to reinvest the next dividend. To enroll, go to the company's website. Please note that the common shares issued under the DRIP will be purchased on the secondary market and that no discount will apply.
In addition, the board of directors of Industrial Alliance Insurance and Financial Services Inc. announced today:
- The payment of a dividend of 28.75 cents per non-cumulative Class A preferred share -- Series B. This dividend is payable in cash on Sept. 30, 2022, to preferred shareholders of record at Aug. 26, 2022;
- The payment of a dividend of 30 cents per non-cumulative Class A preferred share -- Series I. This dividend is payable in cash on Sept. 30, 2022, to preferred shareholders of record at Aug. 26, 2022.
For the purposes of the Income Tax Act (Canada) and any corresponding provincial or territorial tax legislation, all dividends paid by iA Financial on its common shares and by Industrial Alliance Insurance and Financial Services on its preferred shares are eligible dividends.
About iA Financial Corp. Inc.
iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbols IAG (common shares) and IAF (preferred shares).
iA Financial Group is a business name and trademark of iA Financial and Industrial Alliance Insurance and Financial Services.