EDMONTON, AB, Dec. 8, 2023 /CNW/ - Canadian Western Bank (CWB) today announced that its Board of Directors has declared a quarterly cash dividend of $0.34 per common share (TSX: CWB), payable on January 4, 2024 to shareholders of record on December 21, 2023. This quarterly dividend is up one cent, or 3%, from the prior quarter and two cents, or 6%, from the dividend declared one year ago. The Board of Directors also declared quarterly cash dividends for preferred shares of $0.2688125 per Series 5 and $0.375 per Series 9, payable on January 31, 2024 to shareholders of record on January 24, 2024.
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