QUEBEC
CITY, QC, Feb. 20, 2024 /CNW/ - The Board of
Directors of iA Financial Corporation Inc. (TSX: IAG)
announced today an increase of $0.0550 in the dividend per outstanding common
share for the quarter ended December 31, 2023, raising it
to $0.8200. This dividend will be
payable on March 15, 2024, to all
common shareholders of record at the close of business on
March 1, 2024.
iA Financial Corporation Inc. reminds common shareholders who
wish to enrol in iA Financial Corporation Inc.'s Dividend
Reinvestment and Share Purchase Plan ("DRIP") that they must do so
no later than 4:00 p.m. on February 23, 2024, in
order to reinvest the next dividend. To enrol, go to the company's
website at ia.ca, under About iA, in the Investor
Relations/Dividends section. Please note that the common shares
issued under the DRIP will be purchased on the secondary market and
that no discount will apply.
In addition, the Board of Directors of Industrial Alliance
Insurance and Financial Services Inc. (TSX: IAF) announced
today the payment of a dividend of $0.2875 per Non-Cumulative Class A Preferred
Share – Series B. This dividend is payable in cash on
April 1, 2024, to preferred
shareholders of record at March 1,
2024.
For the purposes of the Income Tax Act (Canada) and any corresponding provincial or
territorial tax legislation, all dividends paid by iA Financial
Corporation Inc. on its common shares and by Industrial Alliance
Insurance and Financial Services Inc. on its preferred shares are
eligible dividends.
About iA Financial Group
iA Financial Group is one of the largest insurance and wealth
management groups in Canada, with
operations in the United States.
Founded in 1892, it is an important Canadian public company and is
listed on the Toronto Stock Exchange under the ticker
symbols IAG (common shares) and IAF (preferred shares).
To receive iA Financial Group news releases by email, you can
sign up for our newsletter on our website at ia.ca.
iA Financial Group is a business name and trademark of iA
Financial Corporation Inc. and Industrial Alliance Insurance
and Financial Services Inc.
SOURCE iA Financial Group