Dividend Information

George Weston is one of the longest-running dividend-paying companies in Canada. The declaration and payment of dividends on the Company’s common shares and the amount thereof are at the discretion of the Board of Directors.

Common and Preferred Share Information

Common Shares

At year end 2023, there were 134,546,581 common shares outstanding. The average 2023 daily trading volume of the Company’s common shares was 153,510. 

Preferred Shares

At year end 2023, there were 9,400,000 preferred shares Series I, 8,000,000 preferred shares Series III, 8,000,000 preferred shares Series IV and 8,000,000 preferred shares Series V outstanding.

The average 2023 daily trading volume of the Company’s preferred shares was:

• Series I: 4,118
• Series III: 4,732
• Series IV: 4,015
• Series V: 4,866

Normal Course Issuer Bid

The Company has a Normal Course Issuer Bid on the Toronto Stock Exchange.

Value of Common Shares

For capital gains purposes, the valuation day (December 22, 1971) cost base for the Company, adjusted for the 4 for 1 stock split (effective May 27, 1986) and the 3 for 1 stock split (effective May 8, 1998), is $1.50 per share. The value on February 22, 1994 was $13.17 per share.

Common Dividend Payment Dates

The declaration and payment of quarterly common dividends are made subject to approval by the Board. The anticipated record and payment dates for 2024 are:

Record Date Payment Date

• Mar. 15 Apr. 1
• Jun. 15 Jul. 1
• Sep. 15 Oct. 1
• Dec. 15 Jan. 1

Dividends Paid

George Weston Limited Common Shares

George Weston Limited Preferred Shares Series I

George Weston Limited Preferred Shares Series III

George Weston Limited Preferred Shares Series IV

George Weston Limited Preferred Shares Series V