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Power Corporation Announces an Increase of 10.6% in Quarterly Dividend Payable in February 2022
Power Corporation Announces an Increase of 10.6% in Quarterly Dividend Payable in Februar...
About this update from Power Corporation Of Canada
[{"type":"text","content":"\n \n \n \n Power Corporation Announces an Increase of 10.6% in Quarterly Dividend Payable in February 2022\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsblb0{\nBORDER-LEFT:black 0pt\n}\n.prnvab{\nVERTICAL-ALIGN: BOTTOM\n}\n.prnpl6{\nPADDING-LEFT:0.50em\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnrbrb0{\nBORDER-RIGHT:black 0pt\n}\n.prnpr6{\nPADDING-RIGHT:0.50em\n}\n.prnsbtb0{\nBORDER-TOP:black 0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n Readers are referred to the section \"Forward-Looking Statements\" at the end of this release.\n \n All figures are expressed in Canadian dollars.\n \n \n MONTRÉAL,\n \n Nov. 15, 2021\n \n /CNW/ - Power Corporation of\n \n Canada\n \n (Power Corporation or the Corporation) (TSX: POW) announced today that the Board of Directors declared a supplemental quarterly dividend of\n \n 4.75 cents\n \n per share on the Corporation's Participating Preferred Shares and the Subordinate Voting Shares, payable\n \n February 1, 2022\n \n , to shareholders of record\n \n December 31, 2021\n \n . Together with the Corporation's quarterly dividend of 44.75 cents per share on its Participating Preferred Shares and Subordinate Voting Shares declared on\n \n November 10, 2021\n \n , this supplementary dividend results in a total quarterly dividend, payable\n \n February 1, 2022\n \n , to shareholders of record\n \n December 31, 2021\n \n of\n \n 49.50 cents\n \n per share on the Corporation's Participating Preferred Shares and Subordinate Voting Shares, an increase of 10.6%.\n \n \n The Board of Directors declared this supplementary dividend following the announcement earlier today by Great-West Lifeco Inc. (Lifeco), in which Power Corporation, as at\n \n September 30, 2021\n \n , held a 66.7 per cent interest\n \n [1]\n \n , of an increase of\n \n 5.20 cents\n \n per share in its quarterly dividend payable on December 31, 2021, on Lifeco's common shares. This increase results in a tot...