Wednesday, November 14, 2012

L - Loblaw Companies Limited Increases Dividend (CAD 0.37)

Company: Loblaw Co
Stock Name: L
Amount: CAD 0.37
Announcement Date: 14/11/2012
Record Date: 13/12/2012

Dividend Detail:




Represents a 4.8% per share increase from the previous quarter



BRAMPTON, ON, Nov. 14, 2012 /CNW/ -Loblaw Companies Limited's (TSX: L)
Board of Directors announced that it has declared a 4.8% increase in
the quarterly dividend from $0.21 to $0.22 per common share.�� This
increase is effective with the Company's fourth quarter dividend and is
payable December 30, 2012 to common shareholders of record as of
December 15, 2012.



The Board of Directors also declared a quarterly dividend of $0.37 per
Second Preferred Share, Series A, payable January 31, 2013, to
shareholders of record January 15, 2013.



About Loblaw Companies Limited

Loblaw Companies Limited, a subsidiary of George Weston Limited, is
Canada's largest food retailer and a leading provider of drugstore,
general merchandise and financial products and services. Loblaw is one
of the largest private sector employers in Canada. With more than 1,000
corporate and franchised stores from coast to coast, Loblaw and its
franchisees employ more than 135,000 full-time and part-time employees.
Through its portfolio of store formats, Loblaw is committed to
providing Canadians with a wide, growing and successful range of
products and services to meet the everyday household demands of
Canadian consumers. Loblaw is known for the quality, innovation and
value of its food offering. It offers Canada's strongest control
(private) label program, including the unique President's Choice�� no
name�� and Joe Fresh�� brands. In addition, the Company makes available
to consumers President's Choice�� financial services and offers the PC��
points loyalty program.



SOURCE: Loblaw Companies Limited







For further information:

Kim Lee
Vice President, Investor Relations
905-459-2500
investor@loblaw.ca









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