All figures are expressed in Canadian dollars.
MONTRÉAL, Aug. 8, 2024
/CNW/ - The Board of Directors of Power Financial Corporation
(Power Financial or the Corporation) today declared the following
quarterly dividends on the Corporation's preferred shares.
Dividends on Preferred Shares
Dividends payable November 15,
2024 to shareholders of record October 25, 2024:
|
Series
|
Stock
Symbol
|
Amount
|
|
Series A
|
PWF.PR.A
|
Floating
rate [1]
|
|
[1] Equal to one
quarter of 70% of the average prime rate of two major Canadian
chartered banks for the period July 1 to September 30,
2024.
|
Dividends payable October 31, 2024
to shareholders of record October 10,
2024:
|
Series
|
Stock
Symbol
|
Amount
|
|
Series
|
Stock
Symbol
|
Amount
|
|
Series D
|
PWF.PR.E
|
34.375¢
|
|
Series P
|
PWF.PR.P
|
12.4875¢
|
|
Series E
|
PWF.PR.F
|
32.8125¢
|
|
Series Q
|
PWF.PR.Q
|
39.4405¢
|
|
Series F
|
PWF.PR.G
|
36.875¢
|
|
Series R
|
PWF.PR.R
|
34.375¢
|
|
Series H
|
PWF.PR.H
|
35.9375¢
|
|
Series S
|
PWF.PR.S
|
30¢
|
|
Series K
|
PWF.PR.K
|
30.9375¢
|
|
Series T
|
PWF.PR.T
|
34.9688¢
|
|
Series L
|
PWF.PR.L
|
31.875¢
|
|
Series V
|
PWF.PR.Z
|
32.1875¢
|
|
Series O
|
PWF.PR.O
|
36.25¢
|
|
Series 23
|
PWF.PF.A
|
28.125¢
|
For purposes of the Income Tax Act (Canada) and any similar provincial
legislation, all of the above dividends on the Corporation's
preferred shares are eligible dividends.
About Power Financial
Power Financial, a wholly owned subsidiary of Power Corporation
of Canada, is an international
management and holding company with interests in financial services
and asset management businesses in Canada, the United
States and Europe. It also
has significant holdings in a portfolio of global companies based
in Europe. To learn more,
visit www.powerfinancial.com.
Readers are reminded that Power Financial relies on certain
of the continuous disclosure documents filed by Power Corporation
of Canada pursuant to an exemption from the requirements of
National Instrument 51-102 – Continuous Disclosure
Obligations as provided in the decision of the Autorité des
marchés financiers and the Ontario Securities Commission, dated
January 19, 2021, regarding Power
Financial and Power Corporation of Canada, and that such continuous disclosure
documents, including a press release announcing the second quarter
2024 financial results of Power Corporation of Canada, can be
found for viewing in electronic format under the profile of Power
Financial on SEDAR+ at www.sedarplus.ca.
SOURCE Power Financial Corporation