E-L Financial Corporation Limited
TSX : ELF
TSX : ELF.PR.F
TSX : ELF.PR.G
TSX : ELF.PR.H

E-L Financial Corporation Limited

March 02, 2016 14:25 ET

E-L Financial Corporation Limited Announces Dividends

TORONTO, ONTARIO--(Marketwired - March 2, 2016) - The Board of Directors of E-L Financial Corporation Limited (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 April 1, 2016 April 15, 2016 $0.33125
First Preference Shares, Series 2 April 1, 2016 April 15, 2016 $0.296875
First Preference Shares, Series 3 April 1, 2016 April 15, 2016 $0.34375
Series A Preference Shares April 1, 2016 April 15, 2016 $0.125
Common Shares April 1, 2016 April 15, 2016 $1.25

The Board has approved a change to the Company's dividend policy, increasing its quarterly dividend to $1.25 per Common Share. The Company's dividend policy is established by the Board of Directors at its discretion and is subject to change.

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.

Contact Information

  • E-L Financial Corporation Limited
    Richard B. Carty
    Vice-President, General Counsel and Corporate Secretary
    (416) 947-2578
    (416) 362-2592 (FAX)