All figures are expressed in Canadian dollars.
MONTRÉAL, May 13, 2021 /CNW
Telbec/ - 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 August 15, 2021
to shareholders of record July 23,
2021:
|
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 April 1 to June 30, 2021.
|
Dividends payable July 31, 2021 to
shareholders of record July 9,
2021:
|
Series
|
Stock
Symbol
|
Amount
|
|
Series
|
Stock
Symbol
|
Amount
|
|
Series D
|
PWF.PR.E
|
34.375¢
|
|
Series O
|
PWF.PR.O
|
36.25¢
|
|
Series E
|
PWF.PR.F
|
32.8125¢
|
|
Series P
|
PWF.PR.P
|
12.4875¢
|
|
Series F
|
PWF.PR.G
|
36.875¢
|
|
Series Q
|
PWF.PR.Q
|
10.6873¢
|
|
Series H
|
PWF.PR.H
|
35.9375¢
|
|
Series R
|
PWF.PR.R
|
34.375¢
|
|
Series I
|
PWF.PR.I
|
37.50¢
|
|
Series S
|
PWF.PR.S
|
30¢
|
|
Series K
|
PWF.PR.K
|
30.9375¢
|
|
Series T
|
PWF.PR.T
|
26.3438¢
|
|
Series L
|
PWF.PR.L
|
31.875¢
|
|
Series V
|
PWF.PR.Z
|
32.1875¢
|
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 (NI 51-102) pursuant to Section 13.1 of NI 51-102
and 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
first quarter 2021 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.sedar.com.
SOURCE Power Financial Corporation