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CWB announces election of directorsCanadian 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 SharesCanadian 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”).
CWB announces conversion privilege of preferred sharesCanadian Western Bank (“CWB”) (TSX: CWB) today announced that it does not intend to exercise its right to redeem all or any 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) on April 30, 2019.
CWB declares dividendsCanadian 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 March 29, 2019 to shareholders of record on March 15, 2019. This quarterly dividend is up two cents, or 8%, from the dividend declared one year ago and one cent, or 4%, from the previous quarter. The Board of Directors also declared a cash dividend of $0.275 per Series 5 Preferred Share, a cash dividend of $0.390625 per Series 7 Preferred Share, and an initial cash dividend of $0.3832 per Series 9 Preferred Share all payable on April 30, 2019 to shareholders of record on April 23, 2019.