Empire Life announces dividends
KINGSTON, Ontario, May 03, 2018 (GLOBE NEWSWIRE) -- The Board of Directors of The Empire Life Insurance Company (Empire Life) (TSX:EML.PR.A) today declared the following cash dividends:
| Class | Record Date | Payable Date | Amount of Dividend |
|
| Common Shares | May 17, 2018 | June 8, 2018 | $10.151501 | |
| Non-Cumulative Rate Reset Preferred Shares, Series 1 | June 18, 2018 | July 17, 2018 | $0.359375 | |
| Non-Cumulative Rate Reset Preferred Shares, Series 3 | June 18, 2018 | July 17, 2018 | $0.30625 | |
Empire Life advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation.
About Empire Life
Established in 1923 and a subsidiary of E-L Financial Corporation Limited, Empire Life provides individual and group life and health insurance, investment and retirement products to Canadians. Our mission is to make it simple, fast and easy for Canadians to get the investment, insurance and group benefits coverage they need to build wealth, generate income, and achieve financial security. As of March 31, 2018 Empire Life had total assets under management of $17.3 billion. Follow Empire Life on Twitter @EmpireLife or visit www.empire.ca for more information.
| Contact: | Laurie Swinton |
| Director, Communication Services | |
| 613 548-1890, ext. 3374, laurie.swinton@empire.ca | |
| www.empire.ca |
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