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Friday, May 3, 2024 - 16:45

Empire Life announces 2024 first quarter dividends

Hands working

(Kingston, ON – May 3, 2024) – 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

May 21, 2024

June 11, 2024

$71.07

Non-Cumulative Rate Reset Preferred Shares, Series 3

June 17, 2024

July 17, 2024

$0.3866875

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. 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 March 31, 2024, Empire Life had total assets under management of $18.7 billion. Follow us on social media @EmpireLife or visit empire.ca for more information.

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Contact: Karen Smith

Director, Communication Services

613 548-1890, ext. 3387

karen.smith@empire.ca