Co-operators General Insurance Company declares quarterly dividend on Class E, Series C Preference Shares
May 5, 2008
GUELPH, ON, May 5 /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, 2008 to shareholders of record at the close of business on June 4, 2008. 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 $4.6 billion, Co-operators General is a leading Canadian-owned multi-product insurance company. Co-operators General is part of The Co-operators Group, a national group of companies owned by 42 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 on the Toronto stock exchange (TSX) under ticker symbol CCS.PR.C. Note to Editors: All figures in Canadian dollars.
For further information: Bruce West, Senior Vice-President and Chief Financial Officer, Telephone: (519) 767-3036, Fax: (519) 824-0599