CWB declares dividends in August 2020
EDMONTON, AB, Aug. 28, 2020 /CNW/ – Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.29 per common share (TSX: CWB), payable on September 24, 2020 to shareholders of record on September 10, 2020. This quarterly dividend is up one cent, or 4%, from the dividend declared one year ago and consistent with last 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 October 30, 2020 to shareholders of record on October 23, 2020.
August 2020, common shares under the Plan will be purchased on the open market.
www.cwb.com. Beneficial or non-registered holders of CWB’s common shares must contact their financial institution or broker to participate.” data-reactid=”30″>Any registered holder of record wishing to join the Plan can obtain an Enrolment Form from Computershare (1-800-564-6253) or in the Investor Relations section on CWB’s website at www.cwb.com. Beneficial or non-registered holders of CWB’s common shares must contact their financial institution or broker to participate.
Canada) and any similar provincial legislation, advises that its dividends declared in August 2020 will be eligible dividends, unless otherwise indicated.
www.cwb.com.” data-reactid=”32″>About CWB Financial Group
CWB is a diversified financial services organization known for a highly proactive client experience serving businesses and individuals across Canada. Operating from headquarters in Edmonton, Alberta, CWB’s key business lines include full service business and personal banking offered through branch locations of Canadian Western Bank and Internet banking services provided by Motive Financial. Highly responsive nation-wide specialized financing is delivered under the banners of CWB Optimum Mortgage, CWB Equipment Financing, CWB National Leasing, CWB Maxium Financial and CWB Franchise Finance. Trust services are offered through CWB Trust Services. Comprehensive wealth management services are provided through CWB Wealth Management and its affiliate brands, including T.E. Wealth, Leon Frazer & Associates, CWB McLean & Partners, and Canadian Western Financial. As a public company on the Toronto Stock Exchange (TSX), CWB trades under the symbols “CWB” (common shares), “CWB.PR.B” (Series 5 Preferred Shares), “CWB.PR.C” (Series 7 Preferred Shares) and “CWB.PR.D” (Series 9 Preferred Shares). Learn more at www.cwb.com.
SOURCE CWB Financial Group
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