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HIGH RIVER, AB, May 22, 2012 /CNW/ - (TSX - WES) - Western Financial Group ("the Company") announced today that it will provide the following dividends:
First Preferred Shares Series 3 (WES.PR.A) - A dividend of $3.3750 per share to be declared payable on June 15, 2012 to the holders of record as of June 1, 2012.
First Preferred Shares Series 4: (WES.PR.B) - A dividend of $3.3750 per share to be declared payable on June 15, 2012 to the holders of record as of June 1, 2012.
All dividends are designated as "eligible" dividends for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.
About Western Financial Group
Western Financial Group is a western Canada based, diversified, financial services company serving more than 600,000 customers. Founded in 1996 and headquartered in High River, Alberta, Western provides insurance, banking and investment products and services through more than 120 office locations, the internet (www.westernfinancialgroup.ca) and other distribution channels. With a skilled team of approximately 1,500 employees, and backed by the strong resources of its owners, Western is committed to building the strongest financial services company in western Canada.
Western Financial Group is a subsidiary of Desjardins Group, the leading cooperative financial group in Canada and the sixth largest in the world.
For further information:
Arlene Beggs, Assistant to the President
Western Financial Group