Forbes -
9 Dec 2014 21:00

On 12/11/14, Intact Financial Corp's Non-cumulative Rate Reset Class A Shares Series 1 (Toronto: IFC-PRA) will trade ex-dividend, for its quarterly dividend of $0.2625, payable on 12/31/14. As a percentage of IFC.PRA's recent share price of $24.14, this dividend works out to approximately 1.09%, so look for shares of IFC.PRA to trade 1.09% lower — all else being equal — when IFC.PRA shares open for trading on 12/11/14. On an annualized basis, the current yield is approximately 4.35%.
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