Co-operators declares quarterly dividend

The insurer also highlighted carbon neutrality and long-term sustainability goals

Co-operators declares quarterly dividend

Insurance News

By Josh Recamara

The Board of Directors of Co-operators General Insurance Company announced a quarterly dividend of $0.3125 per Non-Cumulative Redeemable Class E Preference Shares Series C.

The dividend will be payable on September 30, 2025, to shareholders of record as of the close of business on September 1, 2025.

Co-operators General said the dividend has been designated as an eligible dividend under the Income Tax Act (Canada).

The company reports that it is carbon neutral and has committed to achieving net-zero emissions in its operations by 2040 and in its investments by 2050. It has also been recognized by Corporate Knights as one of Canada’s Best 50 Corporate Citizens.

The dividend announcement reflects Co-operators General’s ongoing policy of providing regular returns to preference shareholders. Non-Cumulative Redeemable Class E Preference Shares Series C do not carry voting rights but entitle holders to fixed quarterly dividends, making them a source of stable income for investors seeking predictable yields.

The dividend rate has remained unchanged in recent quarters, with Co-operators General consistently declaring $0.3125 per share on the Series C preference shares. This continuity signals stability in the company’s capital position and earnings capacity.

Co-operators is a Canadian financial services co-operative that provides multi-line insurance and investment products, services, and financial advice. The organization has more than $74 billion in assets under administration and has operated in Canada since 1945.

Preference share dividends are generally viewed as a lower-risk distribution compared with common share dividends, as they are paid before common shareholders and are often used by insurers to demonstrate capital strength to regulators and rating agencies.

In the broader Canadian insurance sector, steady dividend payments remain an important factor for investors evaluating income-generating securities. Preference shares, such as those issued by Co-operators General, provide a way for investors to gain exposure to the insurance industry while benefiting from fixed-income characteristics.

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