World News: 13:30 GMT Wednesday 12th June 2019. [Foresters Financial via Globe Newswire via SPi World News]
TORONTO, June 12, 2019 (GLOBE NEWSWIRE) -- The Board of Directors for The Independent Order of Foresters has approved a dividend of approximately $9 million for eligible participating Canadian certificate holders in 2019. The dividend investment rate in 2018 was 6.22 percent.
Since 1874, Foresters Financial™ has a long proud history of frequently paying a dividend on our participating life insurance policies.
“Foresters is committed to our financial strength, to provide sustained value for certificate holders,” said Alvin Sharma, Chief Financial Officer, Foresters Financial. “This dividend is further evidence of that strength."
Since 1874, Foresters Financial has been providing socially responsible financial services to individuals and families. Foresters Financial includes The Independent Order of Foresters, the oldest non-denominational fraternal benefit society. Foresters is a purpose-driven organization that exists to enrich family and community well-being and offers insurance products to over three million members and clients in Canada, the US and the U.K. For 18 straight years, The Independent Order of Foresters has received an “A” (Excellent) rating from A.M. Best. For more information please visit foresters.com
417562 CAN (06/19), 417562 FR (06/19)
Globe Newswire: 13:30 GMT Wednesday 12th June 2019
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