/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 06/22/16 -- The Board of Directors of United Corporations Limited (TSX: UNC) (TSX: UNC.PR.A) (TSX: UNC.PR.B) (TSX: UNC.PR.C) today declared the following cash dividends:

                                                         Amount of
Class                     Record Date      Payable Date  Dividend
First Preferred Shares   August 5, 2016  August 15, 2016  $0.375
Second Preferred
 Shares,1959 Series      August 5, 2016  August 15, 2016  $0.375
Second Preferred
 Shares,1963 Series      August 5, 2016  August 15, 2016  $0.375
Common Shares            August 5, 2016  August 15, 2016  $0.20

United Corporations Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.

Contacts:
United Corporations Limited
Frank J. Glosnek
Treasurer
(416) 947-2578
(416) 362-2592 (FAX)
www.ucorp.ca

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