Business News • MarketWire • Canadian Western Bank Declares Dividends on Common and Preferred Shares |
Canadian Western Bank Declares Dividends on Common and Preferred Shares |
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Canadian Western Bank Declares Dividends on Common and Preferred Shares
EDMONTON, ALBERTA--(Marketwired - Dec. 3, 2014) - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly dividend of $0.21 per common share (TSX:CWB), payable on January 8, 2015, to shareholders of record at the close of business on December 16, 2014. This quarterly dividend represents a 5% increase over the previous quarter and is 11% higher than the quarterly dividend declared one year ago. The Board of Directors also declared a cash dividend of $0.275 per CWB Series 5 Preferred Share (TSX:CWB.PR.B) payable on January 31, 2015 to shareholders of record on January 23, 2015.
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