All stock price information is provided for informational purposes only, and is not intended for any trading, business or financial purpose. Intraday data is delayed by at least 15 minutes. All times indicated are Eastern Time.
Loblaw and its service providers do not guarantee the sequence, accuracy or completeness of any stock price information or other data displayed, and are not liable or responsible in any way for any delays, inaccuracies or errors in any stock price information or data or in the transmission of any stock price information or data. Loblaw and its service providers are not liable or responsible in any way for any damages, losses or costs arising from reliance on this information or incurred as a result of the nonperformance, interruption or termination for any reason whatsoever of the stock price information or data.
Common Dividend Policy
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 which takes into account the Company’s financial results, capital requirements, available cash flow, future prospects of the Company’s business and other factors considered relevant from time to time. Over the long term, it is the Company’s intention to increase the amount of the dividend while retaining appropriate free cash flow to finance future growth.
The declaration and payment of quarterly dividends are made subject to approval by the Board of Directors. The anticipated record and payment dates for 2020 are:
|Record date||Payment date|
|March 15||April 1|
|June 15||July 1|
|September 15||October 1|
|December 15||December 30|
Preferred Share Dividend Dates
The declaration and payment of quarterly dividends are made subject to approval by the Board of Directors. The anticipated payment dates for 2020 are: March 31, June 30, September 30 and December 31.
Designation of Eligible Dividends
Loblaw Companies Limited, for the purposes of the Income Tax Act and any similar provincial legislation, advises that its dividends indicated as "Eligible" below are eligible dividends, and those indicated as "Ineligible" are not eligible dividends.
Loblaw Companies Limited Common Shares
|Record Date||Payment Date||Dividend Declared (PerShare)||Eligible / Ineligible|
|June 15, 2021||July 1, 2021||$0.33410||Eligible|
|June 15, 2021||July 1, 2021||$0.00090||Ineligible|
|March 15, 2021||April 1, 2021||$0.33410||Eligible|
|March 15, 2021||April 1, 2021||$0.00090||Ineligible|
Loblaw Companies Limited Second Preferred Shares, Series A
Per its June 1, 2015 news release, Loblaw announced the redemption of all of its outstanding Second Preferred Shares, Series A (TSX:L.PR.A) for cash on July 31, 2015.
|Record Date||Payment Date||Dividend Declared (PerShare)||Eligible/ Ineligible|
|July 15, 2015||July 31, 2015||$0.371875||Eligible|
|Apr. 15, 2015||Apr. 30, 2015||$0.371875||Eligible|
|Jan. 15, 2015||Jan. 31, 2015||$0.371875||Eligible|
|Oct. 15, 2014||Oct. 31, 2014||$0.371875||Eligible|
Loblaw Companies Limited Second Preferred Shares, Series B
|Record Date||Payment Date||Dividend Declared (PerShare)||Eligible / Ineligible|
|June 15, 2021||June 30, 2021||$0.331250||Eligible|
|March 15, 2021||March 31, 2021||$0.331250||Eligible|
|December 15, 2020||December 31, 2020||$0.331250||Eligible|
|September 15, 2020||September 30, 2020||$0.331250||Eligible|
Notice of termination of Loblaw Dividend Reinvestment Plan ("DRIP")
A share certificate for whole common shares held under a Participant’s account under the DRIP and a cash payment for any fractions of a share held in such account, based on the closing price of the common shares on the TSX as of the close of the trading day following the date of the termination of the DRIP, will be remitted to the Participant.
|BMO Capital Markets||Peter Sklar|
|Barclays Capital||Karen Short|
|CIBC World Markets Inc.||Mark Petrie|
|Desjardins Securities Research||Chris Li|
|National Bank Financial||Vishal Shreedhar|
|RBC Capital Markets||Irene Nattel|
|Scotia Capital||Patricia Baker|
|TD Securities||Michael Van Aelst|
|Veritas Investment Research||Kathleen Wong|
Stock Exchange Listing and Symbol
The Company's common shares and second preferred shares are listed on the Toronto Stock Exchange and trade under the symbols "L" and "L.PR.B", respectively.
As of March 15, 2021 George Weston Limited beneficially owned, directly and indirectly, a total of 180,963,387 common shares, representing 52.6% of the 344,359,658 issued and outstanding common shares. George Weston Limited is controlled by Galen G. Weston. The average daily trading volume of the Company’s common shares for 2020 was 712,325.
As of January 2, 2021, there were 9,000,000 second preferred shares, Series B issued and outstanding. The average daily trading volume of the Company’s second preferred shares, Series B for 2020 was 4,313.
Registrar and Transfer Agent
Computershare Investor Services Inc. 100 University Avenue Toronto, Canada M5J 2Y1
Toll free: 1-800-564-6253 (Canada and U.S.) Fax: (514) 982-7635 Toll free fax: 1-888-453-0330 International direct dial: (514) 982-7555
To change your address, to eliminate multiple mailings, or for other shareholder account inquiries, please contact Computershare Investor Services Inc. Additional financial information has been filed electronically with various securities regulators in Canada through the System for Electronic Document Analysis and Retrieval (SEDAR) and with the Office of the Superintendent of Financial Institutions (OSFI) as the primary regulator for the Company’s subsidiary, President’s Choice Bank.
The Loblaw Companies Limited Annual Meeting of Shareholders will be held on Thursday, May 6, 2021, at 11:00 a.m. (ET). Due to the public health impact of the COVID-19 pandemic and in consideration of the health and safety of shareholders, colleagues and the broader community, this year's meeting will be held in a virtual format only, by way of live webcast. Registered shareholders and duly appointed proxyholders who log in to the virtual meeting will be able to listen, ask questions and securely vote through a web-based platform, provided they are connected to the internet for the duration of the meeting. Shareholders who wish to appoint a proxyholder to represent them at the meeting (including non-registered shareholders who wish to appoint themselves as proxyholder to attend, participate and vote at the meeting) must submit their duly completed proxy or voting instruction form AND register the proxyholder with the Corporation’s registrar and transfer agent, Computershare Investor Services Inc. (“Computershare") at www.computershare.com/LoblawCompaniesLimited by no later than 5:00 p.m. (Toronto time) on May 4, 2021. United States beneficial shareholders should refer to the Loblaw Companies Limited Management Proxy Circular dated March 26, 2021 for information on how to attend and vote at the virtual meeting. Failure to register the proxyholder (the person you have designated to attend the meeting, who could be yourself or another person) with Computershare will result in that proxyholder not receiving a control number to participate in the meeting and such proxyholder would only be able to attend the meeting as a guest. Non-registered shareholders who have not duly appointed themselves as proxyholder will be able to attend the meeting as guests, provided they are connected to the internet for the duration of the meeting. Guests will be able to listen to the meeting but will not be able to ask questions or vote. In order to attend the meeting, registered shareholders, duly appointed proxyholders (including non-registered shareholders who have duly appointed themselves as proxyholder) and guests (including non-registered shareholders who have not duly appointed themselves as proxyholder) must log in online as set out below:
Step 1: Log in online at https://web.lumiagm.com/474726351 (it is strongly recommended that you use a browser other than Internet Explorer when logging in to the virtual meeting)
Step 2: Follow the instructions below: Registered Shareholders: Click "Login" and then enter your control number and password "loblaw2021" (case sensitive). The control number located on the form of proxy or in the email notification you received from Computershare is your control number. If you use your control number to log in to the virtual meeting, any vote you cast at the meeting will revoke any proxy you previously submitted. If you do not wish to revoke a previously submitted proxy, you should not vote at the meeting. Duly appointed proxyholders: Click "Login" and then enter your control number and password "loblaw2021" (case sensitive). Proxyholders who have been duly appointed and registered with Computershare as described above will receive a control number by email from Computershare after the proxy voting deadline has passed. Guests: Click "Guest" and then complete the online form. Registered shareholders and duly appointed proxyholders may ask questions at the meeting and vote by completing a ballot online during the meeting. If you plan to vote at the meeting, it is important that you are connected to the internet at all times during the meeting in order to vote when balloting commences. It is your responsibility to ensure internet connectivity for the duration of the meeting. You should allow ample time to log in to the Meeting online and complete the check-in procedures. Non-registered shareholders who have not duly appointed themselves as proxyholders may listen to the meeting as guests. For shareholders who would like to join via teleconference in an audio-only capacity, please dial (647) 427-7450 or 1-888-231-8191, passcode: 5297478#. Please note, there is no ability to vote or submit questions via the teleconference.
Please refer to Loblaw Companies Limited’s Management Proxy Circular dated March 26, 2021, available on www.loblaw.ca or under Loblaw Companies Limited’s SEDAR profile at www.sedar.com, for additional details on the virtual meeting.
National Head Office and Support Centre
Loblaw Companies Limited 1 President's Choice Circle Brampton, Ontario, Canada L6Y 5S5 Tel: 905-459-2500 Fax: 905-861-2206
22 St. Clair Avenue East Toronto, Ontario, Canada M4T 2S5 Tel: 416-922-8500 Fax: 416-922-8508
Have investor questions?
For information regarding share transfer, address changes, dividends, lost share certificates or tax forms, please contact Loblaw’s Registrar and Transfer Agent:
Computershare Investor Services Inc.
100 University Avenue Toronto, Canada M5J 2Y1 1-800-564-6253
Toll Free Tel 1-800-564-6253 (Canada and US) Tel 514-982-7555 (International direct dial) Fax 416-263-9394 Toll Free Fax 1-888-453-0330