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
View original content: http://www.newswire.ca/en/releases/archive/May2025/07/c1171.html
For further information please contact: Richard B. Carty, Vice-President, General Counsel and Corporate Secretary, Telephone: (416) 947-2578, Fax: (416) 362-2592