TORONTO, ONTARIO--(Marketwired - March 20, 2017) - Income Financial Trust ("Income Financial") declares its monthly distribution of $0.13325 per unit. The distribution is payable April 10, 2017 to unit holders on record as at March 31, 2017.
Under the distribution policy announced on November 18, 2013, the monthly distribution is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of Income Finanical's units over the last 3 trading days of the preceding month. As a result, holders of record on March 31, 2017 will receive a dividend of $0.13325 per unit based on the VWAP of $15.99 payable on April 10, 2017. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.
Income Financial unitholders have received a total of $29.85 per unit in distributions since inception, inclusive of this distribution.
Income Financial invests in a portfolio of North American financial services companies including some of the strongest Canadian & U.S. banks, life insurance and investment firms.
Westland Insurance, one of Canada's largest independently owned brokerages, has announced a matching gift of $50,000 to Covenant House Vancouver. Located in Vancouver's downtown core, this shelter provides crucial support to young individuals who are...
The FBI believed former City Attorney Mike Feuer lied to government investigators when he denied knowledge of a hush money payment to conceal a litigation scandal in his office five years ago, as well as other aspects of the collusive litigation,...
Radon Medical Imaging (Radon), a leading medical imaging equipment maintenance and repair services company, today announced it was selected as the Medical Imaging Asset Management firm for several Vandalia Health facilities. It is a multi-year,...
Family-owned and operated sausage company Swaggerty's Farm announces plans for a new building to expand their headquarters and plant in Kodak, Tennessee....
Cadence Education, LLC (Cadence Education), one of the largest providers of early childhood education in the United States, announces it has crossed a milestone of operating more than 300 private preschools across the nation. This accomplishment...
The Board of Trustees of Barings Participation Investors (the "Trust") met on May 16, 2024 and would like to report its preliminary financial results for the first quarter of 2024.
Financial Highlights(1)
Three Months Ended
March 31,...
