Ridgewood Canadian Investment Grade Bond Fund Declares Monthly Distribution for January of $0.0530 per Unit
TSX Symbol: RIB.UN
TORONTO, Jan. 15, 2021 /CNW/ - Ridgewood Canadian Investment Grade Bond Fund is pleased to announce that a cash distribution of $0.0530 per unit has been declared. The monthly distribution equates to an annualized distribution rate of 5.30% on an initial subscription price of $12.00 per unit. The distribution is payable on February 15, 2021 to Unitholders of record at the close of business on January 29, 2021.
For more information please call John H. Simpson, CFA, Managing Director, Ridgewood Capital Asset Management Inc. at (416) 479-2751.
About Ridgewood Canadian Investment Grade Bond Fund:
The Fund will seek to achieve the following investment objectives: (i) to provide unitholders with monthly cash distributions targeted to be 5.3% per annum on the original issue price of $12.00 per unit; and (ii) to maximize total returns for unitholders while preserving capital in the long term.
About Ridgewood Capital Asset Management Inc.:
Ridgewood is an independent investment manager that manages approximately $1.3 billion in assets for a diversified client base of high net worth individuals, foundations/endowments, First Nation mandates and institutional accounts, of which approximately $1.0 billion is invested in fixed income assets.
SOURCE Ridgewood Canadian Investment Grade Bond Fund
TabaPay, Inc., the leading instant money movement platform for the fintech industry, today announced it has entered into an agreement to acquire the assets and affiliates of Synapse Financial Technologies, Inc. The agreement follows the filing by...
Voxtur Analytics Corp. , a North American technology company creating a more transparent and accessible real estate lending ecosystem, is pleased to announce that it has engaged the services of ICP Securities Inc. ("ICP") to provide automated market...
On April 19, 2024, the board of directors of Portland General Electric Company declared a quarterly common stock dividend of $0.50 per share, representing an increase of 5.3%, or $0.10 per share, on an annualized basis.
The company's dividend is...
Boys & Girls Clubs of The Valley (BGCAZ) and local Ross Stores Associates joined forces for a grand celebration of Ross' 10th annual "Help Local Kids Thrive" in-store fundraiser which raised more than $96,000 to support local Club kids....
TCTM Kids IT Education Inc. ("TCTM" or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with...
The Minister of Citizens' Services, Terry Beech, will make an announcement at an event in Richmond to highlight the federal budget's investments to strengthen the economy in a way that is shared by all.
The Minister will be accompanied by Parm...
