GUELPH, ON, April 12 /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 June 30, 2011 to shareholders of
record at the close of business on June 1, 2011.
In addition, the Board of Directors announced a quarterly dividend of
$0.453125 per Non Cumulative Redeemable Class E Preference Shares,
Series D, payable June 30, 2011 to shareholders of record at the close
of business on June 1, 2011.
Co-operators General has designated the dividends referred to above as
eligible dividends for the purposes of the Income Tax Act (Canada).
With assets of more than $5.2 billion, Co-operators General is a leading
Canadian-owned multi-product insurance company. Co-operators General is
part of The Co-operators Group Ltd., a national group of companies
owned by a group of Canadian co-operatives, credit union centrals and
like-minded organizations that focus on insurance and investment
Co-operators General Class E, Series C Preference Shares trade under
ticker symbol CCS.PR.C and the Class E Series D Preference Shares trade
under ticker symbol CCS.PR.D. Both series of shares trade on the
Toronto Stock Exchange (TSX).
Note to Editors: All figures in Canadian dollars.
SOURCE The Co-operators
For further information:
Executive Vice-President Finance and Chief Financial Officer
Telephone: (519) 767-3036 Fax: (519) 824-0599