Industrial Alliance Declares a Quarterly Dividend
The First Dividend since its Conversion into a Capital Stock Company
The board of directors of Industrial-Alliance Life Insurance Company – now operating under the commercial name Industrial Alliance Insurance and Financial Services – declared today the payment of a quarterly dividend of $0.15 per share for each common share.
This dividend will be payable in cash on December 15, 2000 to shareholders of record on November 16, 2000. This is the first dividend payable to the shareholders since Industrial Alliance shares were officially listed on the Toronto Stock Exchange, on February 10, 2000.
With over a century of experience, Industrial Alliance is a life and health insurance company that offers a wide range of insurance and financial services products. Industrial Alliance has operations across Canada, either directly or through its subsidiaries, including Industrial Alliance Pacific (Vancouver), and National Life of Canada (Toronto). Industrial Alliance also owns a general insurance company, Industrial Alliance Auto and Home Insurance. The seventh largest life and health insurance company in Canada, Industrial Alliance has over $13.8 billion in assets and funds under management. Industrial Alliance is listed on the Toronto Stock Exchange, under the ticker symbol IAG, and its share was recently included on the TSE 300, TSE 200 and S&P/TSE Canadian MidCap indexes.
- 30 -
Sources and information:
(418) 684-5275 (office)
(418) 576-3624 (cell.)
Investors and financial analysts
Tel.: (418) 684-5058 (office)