GUELPH, ON , Feb. 23,
2024 /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 March 31, 2024, to
shareholders of record at the close of business on March 6, 2024.
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 is a leading Canadian multi-product
insurance company and is part of The Co‑operators Group Limited
(Co‑operators). Co-operators is a leading Canadian financial
services co-operative, offering multi-line insurance and investment
products, services, and personalized advice to help Canadians build
their financial strength and security. Co‑operators has more than
$62 billion in assets under
administration and has been providing trusted guidance to Canadians
for the past 78 years. The organization is well known for its
community involvement and its commitment to sustainability.
Achieving carbon neutral equivalency in 2020, the organization is
committed to net-zero emissions in its operations and investments
by 2040, and 2050, respectively. Co‑operators is also ranked as a
Corporate Knights' Best 50 Corporate Citizen in Canada. For more information, please
visit: www.cooperators.ca.
Co-operators General Class E, Series C Preference Shares trade
under ticker symbol CCS.PR.C on the Toronto Stock Exchange (TSX).
Further information can be found at www.cooperators.ca.
Note to Editors: All figures in Canadian dollars.
For further information, please
contact:
Karen
Higgins
Executive Vice-President, Finance and Chief Financial Officer
Telephone: (519) 840-3167
SOURCE The Co-operators Group Limited