KINGSTON, ON, April 30, 2020 /CNW/ - 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
Non-Cumulative Rate Reset
June 17, 2020
July 17, 2020
$0.359375
Preferred Shares, Series 1
Non-Cumulative Rate Reset
June 17, 2020
July 17, 2020
$0.30625
Preferred Shares, Series 3
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, Empire Life is a subsidiary of E-L Financial Corporation Limited. The company's 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, 2020, Empire Life had total assets under management of $16 billion. Follow on Twitter @EmpireLife or visit www.empire.ca for more information.
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