TORONTO, Feb. 23, 2017 /CNW/ - The Board of Directors of AllBanc Split Corp. (the "Company") has today declared dividends of $0.3164 per Preferred Share and $0.4850 per Capital Share, payable on March 10, 2017 to holders of record at the close of business on March 8, 2017.
Holders of Preferred Shares are entitled to receive quarterly fixed cumulative distributions equal to $0.3164 per Preferred Share. The Company's Capital Share dividend policy is to pay a quarterly dividend on the Capital Shares equal to the dividends received on the underlying portfolio securities minus the dividends payable on the Preferred Shares and all administrative and operating expenses provided the net asset value per Unit at the time of declaration, after giving effect to the dividend, would be greater than the original issue price of the Preferred Shares.
AllBanc Split Corp. is a mutual fund corporation created to hold a portfolio of publicly listed common shares of selected Canadian chartered banks. Class A Capital Shares, and Class C Preferred Shares of AllBanc Split Corp. are listed for trading on The Toronto Stock Exchange under the symbols ABK.A and ABK.PR.C respectively.
C-FER Technologies has signed a memorandum of understanding (MOU) with Metal Industries Research and Development Center (MIRDC) in Taiwan to work together to advance technologies and expertise related to pipeline material performance and integrity,...
ThreatLocker®, a global cybersecurity leader that offers a Zero Trust endpoint security solution, today announced it has raised $115M in Series D funding led by existing investor General Atlantic, a leading global growth equity firm, with...
ARUP Laboratories and healthcare connectivity company ELLKAY have forged a new partnership aimed at helping health systems establish or expand successful laboratory outreach operations....
Diddo announces that it has raised $2.8M in a seed funding round led by Link Ventures. Other investors and supporters include Neo, Lamar advertising's family office,...
The Permitting Council (Federal Permitting Improvement Steering Council) is pleased to announce that Coastal Virginia Offshore Wind is the latest project to complete its required federal environmental permitting review and authorizations with...
California law firm Sklar Kirsh LLP announced today that Co-Founding Partner and Chair of the Real Estate Department Andrew Kirsh has been recognized by Los Angeles Business Journal as one of the "Top 100 Lawyers of Los Angeles for 2024." The award...
