GUELPH, ON, Aug. 14 /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 September 30, 2009 to shareholders of record at the close of
business on September 1, 2009.
In addition, the Board announced an initial dividend of $0.6505 per Non
Cumulative Redeemable Class E Preference Shares, Series D, payable September
30, 2009 to shareholders of record at the close of business on September 1,
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 $4.9 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 products.
Co-operators General's 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
Note to Editors: All figures in Canadian dollars.
For further information:
For further information: Bruce West, Senior Vice-President and Chief
Financial Officer, Telephone: (519) 767-3036, Fax: (519) 824-0599