Element Financial Corporation
TSX : EFN
TSX : EFN.PR.A
TSX : EFN.PR.C
TSX : EFN.PR.E

Element Financial Corporation

June 19, 2015 09:54 ET

Element Financial Declares Quarterly Preferred Share Dividends

TORONTO, ONTARIO--(Marketwired - June 19, 2015) - Element Financial Corporation (TSX:EFN) ("Element" or the "Company"), one of North America's leading fleet management and equipment finance companies, announced today that its Board of Directors declared the following dividends on Element's preferred shares:

  • A quarterly dividend of $0.4125 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series A (TSX:EFN.PR.A) payable on June 30, 2015 to shareholders of record on the close of business on June 17, 2015. The dividend payment is for the quarterly period up to but excluding June 30, 2015.

  • A quarterly dividend of $0.40625 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series C (TSX:EFN.PR.C) payable on June 30, 2015 to shareholders of record on the close of business on June 17, 2015. The dividend payment is for the quarterly period up to but excluding June 30, 2015.

  • A quarterly dividend of $0.40 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series E (TSX:EFN.PR.E) payable on June 30, 2015 to shareholders of record on the close of business on June 17, 2015. The dividend payment is for the quarterly period up to but excluding June 30, 2015.

These dividends are designated to be eligible dividends for purposes of section 89(1) of the Income Tax Act (Canada).

About Element Financial Corporation

With total assets of approximately $15 billion, Element Financial Corporation is one of North America's leading fleet management and equipment finance companies. Element operates across North America in four verticals of the equipment finance market - Commercial & Vendor Finance, Aviation Finance, Rail Finance and Fleet Management.

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