TORONTO, May 7, 2025 /CNW/ - The Board of Directors of E-L Financial Corporation Limited ("the Company") (TSX: ELF) (TSX: ELF.PR.F) (TSX: ELF.PR.G) (TSX: ELF.PR.H) today declared the following cash dividends:
|
Class
|
Record Date
|
Payable Date
|
Amount of Dividend
|
|
First Preference Shares, Series 1
|
June 30, 2025
|
July 17, 2025
|
$0.33125
|
|
First Preference Shares, Series 2
|
June 30, 2025
|
July 17, 2025
|
$0.296875
|
|
First Preference Shares, Series 3
|
June 30, 2025
|
July 17, 2025
|
$0.34375
|
|
Series A Preference Shares
|
June 30, 2025
|
July 17, 2025
|
$0.125
|
|
Common Shares
|
June 30, 2025
|
July 17, 2025
|
$0.04
|
Today the Company announced that the Board of Directors has decided to proceed to give effect to a hundred-for-one share split of the Company's Common Shares. The Common Shares of the Company will begin to trade on an ex-distribution (post-split) basis on Monday, June 2, 2025. The quarterly dividend of $0.04 per Common Share announced today is on a post-split basis.
E-L Financial Corporation Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation.
SOURCE E-L Financial Corporation Limited
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