Canada NewsWire
QUEBEC CITY, Aug. 2, 2018
QUEBEC CITY, Aug. 2, 2018 /CNW Telbec/ - The Board of Directors
of Industrial Alliance Insurance and Financial Services Inc. ("iA Financial Group") (TSX: IAG) announced today an
increase of $0.035 in the dividend per outstanding common share for the quarter ended June 30, 2018, raising it to $0.4150. This dividend will be payable on
September 17, 2018, to all common shareholders of record at the close of business on August 24,
2018.
Industrial Alliance reminds common shareholders who wish to enrol in the company's Dividend Reinvestment and Share Purchase
Plan ("DRIP") that they must do so no later than 4:00 p.m. on August 17, 2018, in order to
reinvest the next dividend. To enrol, go to the company's website at ia.ca, under About iA, in the Investor
Relations/Dividends section. Please note that the common shares issued under the DRIP will be purchased on the secondary
market and that no discount will apply.
Industrial Alliance also announced today:
- The payment of a dividend of $0.2875 per Non-Cumulative Class A Preferred Share – Series B.
This dividend is payable in cash on October 1, 2018, to preferred shareholders of record at
September 4, 2018.
- The payment of a dividend of $0.2360625 per Non-Cumulative Class A Preferred Share – Series
G. This dividend is payable in cash on October 1, 2018, to preferred shareholders of record at
September 4, 2018.
- The payment of a dividend of $0.3000 per Non-Cumulative Class A Preferred Share – Series I.
This dividend is payable in cash on October 1, 2018, to preferred shareholders of record at
September 4, 2018.
For the purposes of the Income Tax Act (Canada) and any corresponding provincial or
territorial tax legislation, all dividends paid by the company on its common and preferred shares are considered to be eligible
dividends.
About iA Financial Group
Founded in 1892, iA Financial Group is one of the largest insurance and wealth management companies in Canada, with operations in the United States. It is listed on the Toronto
Stock Exchange under the ticker symbol IAG.
SOURCE Industrial Alliance Insurance and Financial Services Inc.
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