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CWB declares dividends
Edmonton, May 29, 2019 - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.27 per common share (TSX:CWB), payable on June 27, 2019 to shareholders of record on June 13, 2019. This quarterly dividend is up two cents, or 8%, from the dividend declared one year ago and unchanged from the prior quarter. The Board of Directors also declared quarterly cash dividends for preferred shares of $0.2688125 per Series 5, $0.390625 per Series 7, and $0.375 per Series 9, all payable on July 31, 2019 to shareholders of record on July 24, 2019.
CWB Financial Group
Phone: 780-508-8229
Email: [email protected]
CWB announces results of conversion privilege of First Preferred Shares Series 5
Canadian Western Bank (“CWB”) (TSX: CWB) today announced that after having taken into account all election notices received by the April 15, 2019 deadline for conversion of its currently outstanding 5,000,000 non-cumulative 5-year rate reset First Preferred Shares Series 5 (the “Series 5 Preferred Shares”) (TSX: CWB.PR.B) into non-cumulative floating rate First Preferred Shares Series 6 of CWB (the “Series 6 Preferred Shares”), no Series 5 Preferred Shares will be converted into Series 6 Preferred Shares.
CWB amends normal course issuer bid
Canadian Western Bank (TSX: CWB) announced today that the Toronto Stock Exchange has approved an amendment to its normal course issuer bid authorized by CWB’s Board of Directors.
CWB announces election of directors
Canadian Western Bank (TSX: CWB) today announced that all nominees listed in the management proxy circular mailed to shareholders prior to the annual meeting were elected as directors of CWB.
CWB announces Dividend Rates on Preferred Shares
Canadian Western Bank (“CWB”) (TSX: CWB) today announced the applicable dividend rates for its non-cumulative 5-year rate reset First Preferred Shares Series 5 (the “Series 5 Preferred Shares”) (TSX: CWB.PR.B) and non-cumulative floating rate First Preferred Shares Series 6 (the “Series 6 Preferred Shares”).