Bay Street News

E-L Financial Corporation Limited Announces Dividends

TORONTO, ONTARIO–(Marketwired – May 11, 2016) – The Board of Directors of E-L Financial Corporation Limited (TSX:ELF)(TSX:ELF.PR.F)(TSX:ELF.PR.G)(TSX:ELF.PR.H) today declared the following cash dividends:

Class Record Date Payable Date Amount of Dividend
First Preference Shares, Series 1 July 4, 2016 July 15, 2016 $0.33125
First Preference Shares, Series 2 July 4, 2016 July 15, 2016 $0.296875
First Preference Shares, Series 3 July 4, 2016 July 15, 2016 $0.34375
Series A Preference Shares July 4, 2016 July 15, 2016 $0.125
Common Shares July 4, 2016 July 15, 2016 $1.25

E-L Financial Corporation Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act, Canada and any similar provincial tax legislation.

Richard B. Carty
Vice-President, General Counsel and Corporate Secretary
(416) 947-2578
(416) 362-2592 (FAX)