GUELPH,
ON, Oct. 13, 2023 /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 December 31, 2023, to shareholders of record at
the close of business on December 1,
2023.
Co-operators General has designated the dividends referred to
above as eligible dividends for the purposes of the Income Tax Act
(Canada).
Co-operators General is a leading Canadian multi-product
insurance company and is part of The Co-operators Group Limited
(Co-operators). Co-operators is a leading Canadian financial
services co-operative, offering multi-line insurance and investment
products, services, and personalized advice to help Canadians build
their financial strength and security. The company has more than
$59 billion in assets under
administration. Co-operators has been providing trusted guidance to
Canadians for the past 78 years. The organization is well known for
its community involvement and its commitment to sustainability.
Achieving carbon neutral equivalency in 2020, the organization is
committed to net-zero emissions in its operations and investments
by 2040, and 2050, respectively. Co-operators is also ranked as a
Corporate Knights' Best 50 Corporate Citizen in Canada. For more information, please
visit: www.cooperators.ca.
Co-operators General Class E, Series C Preference Shares trade
under ticker symbol CCS.PR.C on the Toronto Stock Exchange (TSX).
Further information can be found at www.cooperators.ca.
Note to Editors: All figures in Canadian dollars.
For further information, please contact:
Karen Higgins
Executive Vice-President, Finance and Chief Financial Officer
Telephone: (519) 840-3167
SOURCE The Co-operators Group Limited