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

Element Financial Corporation

September 08, 2015 07:00 ET

Element Financial Declares Quarterly Preferred Share Dividends

TORONTO, ONTARIO--(Marketwired - Sept. 8, 2015) - Element Financial Corporation (TSX:EFN) ("Element"), one of North America's leading 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 September 30, 2015 to shareholders of record on the close of business on September 17, 2015. The dividend payment is for the quarterly period up to but excluding September 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 September 30, 2015 to shareholders of record on the close of business on September 17, 2015. The dividend payment is for the quarterly period up to but excluding September 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 September 30, 2015 to shareholders of record on the close of business on September 17, 2015. The dividend payment is for the quarterly period up to but excluding September 30, 2015.

  • A quarterly dividend of $0.552 per outstanding Cumulative 5-Year Rate Reset Preferred Share, Series G (TSX:EFN.PR.G) payable on September 30, 2015 to shareholders of record on the close of business on September 17, 2015. The dividend payment is for the quarterly period up to but excluding September 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 C$22 billion after giving effect to the recently closed acquisition of GE Capital's US-based fleet management operations and the expected closing of GE Capital's fleet management operations in Mexico, Australia and New Zealand, 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 - Fleet Management, Rail Finance, Commercial & Vendor Finance, and Aviation Finance.

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