TORONTO — The parent company of supermarket chain Loblaw Cos. said Thursday it would pay shareholders a special dividend of about $7.75 (Canadian) per share, representing a $1 billion payout to its shareholders.
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TORONTO — The parent company of supermarket chain Loblaw Cos. said Thursday it would pay shareholders a special dividend of about $7.75 (Canadian) per share, representing a $1 billion payout to its shareholders.
The dividend reflects parent company George Weston Ltd.’s significant cash balances and increasing stabilization of the financial markets, officials said in a statement. The dividend is payable Jan. 18.
