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)
Richard B. Carty
Vice-President, General Counsel and Corporate Secretary
(416) 947-2578
(416) 362-2592 (FAX)