United Corporations Limited Announces Dividends

TORONTO, ONTARIO--(Marketwired - Nov 1, 2016) - The Board of Directors of United Corporations Limited (UNC.TO)(UNC-PA.TO)(UNC-PB.TO)(UNC-PC.TO) today declared the following cash dividends:

Class		Record Date		Payable Date		Amount of Dividend
First Preferred Shares		February 6, 2017		February 15, 2017		$0.375
Second Preferred Shares, 1959 Series		February 6, 2017		February 15, 2017		$0.375
Second Preferred Shares, 1963 Series		February 6, 2017		February 15, 2017		$0.375
Common Shares		February 6, 2017		February 15, 2017		$0.20

United Corporations Limited advises that the above referenced dividends are eligible dividends for the purposes of the Income Tax Act (Canada) and any similar provincial legislation.