United Corporations Limited Announces Dividends

TORONTO, ONTARIO–(Marketwired – Nov. 1, 2016) – The Board of Directors of United Corporations Limited (TSX:UNC)(TSX:UNC.PR.A)(TSX:UNC.PR.B)(TSX:UNC.PR.C) today declared the following cash dividends:

Class Record Date Payable Date Amount of Dividend
First Preferred Shares February 6, 2017 February 15, 2017 $0.375
Second Preferred Shares, 1959 Series February 6, 2017 February 15, 2017 $0.375
Second Preferred Shares, 1963 Series February 6, 2017 February 15, 2017 $0.375
Common Shares February 6, 2017 February 15, 2017 $0.20

United Corporations Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.

United Corporations Limited
Frank J. Glosnek
Treasurer
(416) 947-2578
(416) 362-2592 (FAX)
www.ucorp.ca