Empire Life declares shareholder dividends

KINGSTON, ON, July 29, 2021 /CNW/ – The Board of Directors of The Empire Life Insurance Company (Empire Life)…

KINGSTON, ON, July 29, 2021 /CNW/ – The Board of Directors of The Empire Life Insurance Company (Empire Life) today declared the following cash dividends:

Class

Record Date

Payable Date

Amount of

Dividend per Share

Common Shares

August 16, 2021

September 8, 2021

$14.212101

Non-Cumulative Rate Reset Preferred Shares, Series 3

September 17, 2021

October 17, 2021

$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, Empire Life is a subsidiary of E-L Financial Corporation Limited and provides individual and group life and health insurance, investment and retirement products. 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 June 30, 2021, Empire Life had total assets under management of $18.9 billion. Follow us on Twitter @EmpireLife or visit empire.ca for more information.

SOURCE The Empire Life Insurance Company