CWB Announces Steady Dividends and Reinvestment Plan

Canadian Western Bank (TSE:CWB) has released an update.

Canadian Western Bank (CWB) has maintained its quarterly cash dividend for common shares at $0.35, the same as the previous quarter, and announced a 6% increase from last year. Dividends for preferred Series 5 and Series 9 shares have also been declared, with a reinvestment option available through the Dividend Reinvestment Plan. CWB emphasizes that the dividends issued in August 2024 will be considered eligible for tax purposes.

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