United Corporations Limited Announces Dividends

TORONTO, June 20, 2018 /CNW/ - The Board of Directors of United Corporations Limited (TSX:UNC) (TSX:UNC.PR.A) (TSX:UNC.PR.B) (TSX:UNC.PR.C) today declared the following cash dividends:

Class		Record Date		Payable Date		Amount of Dividend
First Preferred Shares		August 3, 2018		August 15, 2018		$0.375
Second Preferred Shares, 1959 Series		August 3, 2018		August 15, 2018		$0.375
Second Preferred Shares, 1963 Series		August 3, 2018		August 15, 2018		$0.375
Common Shares		August 3, 2018		August 15, 2018		$0.30

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.

SOURCE United Corporations Limited

please contact: Frank J. Glosnek, Treasurer, Telephone: [phone], Fax: [phone], www.ucorp.ca

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www.ucorp.ca