EQB Inc. announces Q3 dividend increase details in Toronto

On September 12, 2024, EQB Inc. announced an update regarding its dividend payment schedule. Originally set for September 30, 2024, the payment date has been moved to September 27, 2024, due to the original date coinciding with Canada's National Day for Truth and Reconciliation. The record date for dividends remains unchanged at September 13, 2024, ensuring that shareholders will still receive their dividends as planned. The company confirmed that the dividend amount per share for both common shares and Non-Cumulative 5-Year Rate Reset Preferred Shares, Series 3, will not change. This announcement follows a previous press release from August 28, 2024, which highlighted a significant 4% quarter-over-quarter and 24% year-over-year increase in dividends, supported by record adjusted revenue and earnings. Additionally, EQB Inc. plans to redeem all outstanding Series 3 Preferred Shares on the original payment date of September 30, 2024. The redemption price will be processed on or before October 1, 2024, the first banking day after the redemption date. Shareholders holding these preferred shares are advised to contact their financial institutions for details on receiving their redemption proceeds. These updates do not alter any other information previously reported, and EQB Inc. continues to maintain a strong financial outlook, with expectations of future performance remaining positive despite potential risks and uncertainties. Investors and media contacts are provided for further inquiries regarding the company's performance and announcements.