Key Developments: Equitable Group Inc (EQGPF.PK)
33.28USD
2 Jan 2013
$4.03 (+13.79%)
$29.25
$33.28
$33.28
$33.28
4,020
0
$33.28
$29.25
Latest Key Developments (Source: Significant Developments)
Equitable Group Inc Declares Quarterly Dividend
Equitable Group Inc announced that the Board of Directors declared a quarterly dividend in the amount of $0.15 per common share, payable July 4, 2013, to common shareholders of record at the close of business June 14, 2013. This amount is $0.01 higher than the dividends declared in the prior quarter and is 25% higher than the dividends declared in the first quarter of 2012. The Board declared a quarterly dividend in the amount of $0.453125 per preferred share, payable June 28, 2013, to preferred shareholders of record at the close of business June 14, 2013. Full Article
Equitable Group Inc Declares Quarterly Dividends
Equitable Group Inc announced that its Board of Directors declared a quarterly dividend in the amount of $0.14 per common share, payable April 4, 2013, to common shareholders of record at the close of business March 15, 2013. The Board also declared a quarterly dividend in the amount of $0.453125 per preferred share, payable March 31, 2013, to preferred shareholders of record at the close of business March 15, 2013. Full Article
Equitable Group Inc Declares Quarterly Dividends
Equitable Group Inc announced that its Board of Directors declared a quarterly dividend in the amount of $0.14 per common share, payable January 3, 2013, to common shareholders of record at the close of business on December 14, 2012. This amount is consistent with the dividend increase announced last quarter and is 17% higher than the dividends declared in the third quarter of 2011. The Board also declared a quarterly dividend in the amount of $0.453125 per preferred share, payable December 31, 2012, to preferred shareholders of record at the close of business on December 14, 2012. Full Article
Equitable Group Inc To Enhance Capital Structure With New Issue Of Debentures
Equitable Group Inc announced that it has entered into an underwriting agreement with a syndicate of underwriters led by TD Securities Inc. and RBC Dominion Securities Inc., and which includes GMP Securities L.P. , BMO Nesbitt Burns Inc. and CIBC World Markets Inc. (collectively, the Underwriters) pursuant to which the Underwriters have agreed to purchase $65 million of 5.4% debentures due October 23, 2017 (the Series 10 Debentures) on a private placement basis. The gross proceeds of the offering are being used by the Company to acquire debentures from its wholly owned subsidiary, The Equitable Trust Company (the Series 10 Trustco Debentures). It is anticipated that the Series 10 Trustco Debentures will qualify as Tier 2B capital of Equitable Trust (subject to the receipt of approval of the Superintendent of Financial Institutions Canada). Equitable Trust intends to use the proceeds to fund upcoming redemptions of its existing subordinated debt (subject to the prior approval of the Superintendent of Financial Institutions Canada) and for general corporate purposes, including the expansion of its business. The Company plans to use the proceeds received from Equitable Trust on the redemption of certain of Equitable Trust's subordinated debentures to fully repay an outstanding $12,500,000 bank term loan prior to January 31, 2013. Full Article
Equitable Group Inc Declares Common Share Dividend
Equitable Group Inc announced that Board of Directors declared a quarterly dividend in the amount of $0.14 per common share, payable October 4, 2012, to common shareholders of record at the close of business on September 15, 2012. This represents a 17% increase in the Company's quarterly common share dividend - the third dividend increase since the beginning of 2011. The Board also declared a quarterly dividend in the amount of $0.453125 per preferred share, payable September 30, 2012, to preferred shareholders of record at the close of business on September 15, 2012. Full Article
Equitable Group Inc. Declares Quarterly Dividend
Equitable Group Inc. announced that the Company's Board of Directors declared a quarterly dividend in the amount of $0.12 per common share, payable on July 5, 2012, to common shareholders of record at the close of business on June, 15, 2012. The Board also declared a quarterly dividend in the amount of $0.453125 per preferred share, payable on June 30, 2012, to preferred shareholders of record at the close of business on June 15, 2012. Full Article
Equitable Group Inc. Declares Quarterly Dividend
Equitable Group Inc. announced that the Company's Board of Directors declared a quarterly common share dividend of $0.12 per share, payable on April 4, 2012, to common shareholders of record at the close of business on March 15, 2012. This amount is consistent with the dividend of $0.12 per share declared in the previous quarter, and on an annualized basis represents a 6.7% increase over the dividends declared in 2011. The Board also declared a quarterly dividend in the amount of $0.453125 per preferred share, payable on March 31, 2012, to preferred shareholders of record at the close of business on March 15, 2012. Full Article
Equitable Group Inc. Announces Appointment Of Tim Wilson As Chief Financial Officer
Equitable Group Inc. announced the appointment of Tim Wilson as Vice President and Chief Financial Officer (CFO) of both Equitable Group Inc. and its wholly-owned subsidiary, The Equitable Trust Company, effective January 3 , 2012. Full Article
Equitable Group Inc. Increases Common Share Dividend
Equitable Group Inc. announced that the Company's Board of Directors announced a 9.1% annualized increase in the Company's common share dividends and declared the third quarter common share dividend of $0.12 per share, an increase of $0.01 per share, payable on January 3, 2012, to common shareholders of record at the close of business on December 15, 2011. This is the second common share dividend increase in 2011. The Board also declared a quarterly dividend in the amount of $0.453125 per preferred share, payable on December 31, 2011, to preferred shareholders of record at the close of business on December 15, 2011. Full Article
Equitable Group Inc. Announces Resignation Of Chief Financial Officer
Equitable Group Inc. announced that John Ayanoglou, Senior Vice President, Finance and Chief Financial Officer will be leaving Equitable Group Inc effective immediately to pursue other interests. Full Article
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