TORONTO, ONTARIO--(Marketwired - June 20, 2017) - Income Financial Trust ("Income Financial") declares its monthly distribution of $0.13742 per unit. The distribution is payable July 10, 2017 to unit holders on record as at June 30, 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 Financial's units over the last 3 trading days of the preceding month. As a result, holders of record on June 30, 2017 will receive a dividend of $0.13742 per unit based on the VWAP of $16.49 payable on July 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 $30.25 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.
Hexagon Agility, a business of Hexagon Composites, signed a 3-year extension of its master services agreement with UPS in February 2024 to supply renewable natural gas (RNG) fuel systems for medium- and heavy-duty trucks. UPS is the world's premier...
Daiso, the renowned global retail chain offering a wide range of affordable and unique products, is thrilled to announce the grand opening at Trenton Crossing in McAllen, Texas on June 8th. "We are thrilled to open our store at Trenton Crossing,"...
Back to the Roots, America's leading organic gardening brand, is now the #1 selling garden seed and #1 selling soil on Amazon. This achievement highlights the growing consumer trend towards sustainable and organic gardening practices that Back to the...
Today, the governments of Quebec and Canada and the Municipality of Notre-Dame-de-Lourdes marked the start of Phase 2 of À l'ombre du clocher, a project to build 16 social and affordable housing units for semi-independent seniors in...
TSA has reached a new Collective Bargaining Agreement (CBA) with the American Federation of Government Employees (AFGE), which will take effect on May 24. The new agreement will provide benefits for all TSA bargaining unit employees comprised of...
Cayman Enterprise City (CEC) has released a Socio-Economic Impact Assessment by Marla Dukharan. The report illustrates that CEC is increasing its impact by supporting higher earnings for Caymanians and is driving a shift towards a knowledge-based...
