U.S. Markets close in 1 hr 54 mins

Co-operators General Insurance Company Declares Quarterly Dividend on: Class E, Series C Preference Shares

GUELPH, ON , Oct. 18, 2019 /CNW/ - The Board of Directors of Co-operators General Insurance Company ("Co-operators General") today announced a quarterly dividend of $0.3125 per Non-Cumulative Redeemable Class E Preference Shares, Series C, payable December 31, 2019 to shareholders of record at the close of business on December 1, 2019 .

Co-operators General has designated the dividends referred to above as eligible dividends for the purposes of the Income Tax Act ( Canada ).

With assets of more than $7.2 billion , Co-operators General is a leading Canadian multi-product insurance company. Co-operators General is part of The Co-operators Group Limited, a Canadian co-operative. Through its group of companies, it offers home, auto, life, group, travel, commercial and farm insurance, as well as investment products. The Co-operators is ranked as #1 among the Corporate Knights' Best 50 Corporate Citizens in Canada and lists among the Best Employers in Canada by Aon Hewitt .

Co-operators General Class E, Series C Preference Shares trade under ticker symbol CCS.PR.C on the Toronto Stock Exchange (TSX).  Further information can be found at www.cooperators.ca.

Note to Editors: All figures in Canadian dollars.

SOURCE The Co-operators

View original content: http://www.newswire.ca/en/releases/archive/October2019/18/c0624.html