Stock Name: CCS.PR.C
Amount: CAD 0.3125
Announcement Date: 14/10/2011
Record Date: 29/11/2011
Dividend Detail:
GUELPH, ON, Oct. 14, 2011 /CNW/ - The Board of Directors of Co-operators
General Insurance Company ("Co-operators General") today announced a
quarterly dividend of $0.3125 per Non-Cumulative Redeemable Class E
Preference Shares, Series C, payable December 30, 2011 to shareholders
of record at the close of business on December 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 December 30, 2011 to shareholders of record at the
close of business on December 1, 2011.
Co-operators General has designated the dividends referred to above as
eligible dividends for the purposes of the Income Tax Act (Canada).
Co-operators General Insurance Company is a part of The Co-operators
Group Limited (CGL), a Canadian-owned co-operative with more than $40
billion in assets under administration. Through its group of companies
CGL offers home, auto, life, group, travel, commercial and farm
insurance, as well as investment products. CGL is well known for its
community involvement and its commitment to sustainability and is
ranked #1 among the 50 Best Corporate Citizens in Canada by Corporate
Knights. It is also listed among the 50 Best Employers in Canada.
Co-operators General Class E, Series C Preference Shares trade under
ticker symbol CCS.PR.C and the Class E Series D Preference Shares trade
under ticker symbol CCS.PR.D. Both series of shares trade on the
Toronto Stock Exchange (TSX).
Note to Editors: All figures in Canadian dollars.
For further information:
Bruce West
Senior Vice-President and Chief Financial Officer
Telephone: (519) 767-3036 Fax: (519) 824-0599
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