TORONTO, May 18, 2022 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") declares its monthly distribution of $0.11667 per unit. The distribution is payable June 10, 2022 to unit holders on record as at May 31, 2022.
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 May 31, 2022 will receive a dividend of $0.11667 per unit based on the VWAP of $14.00 payable on June 10, 2022. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.
Income Financial unitholders have received a total of $36.34 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.
United Imaging Healthcare (SSE:688271), a global leader in manufacturing advanced medical imaging and radiotherapy equipment, has released their 2023 annual report. The report reveals that the company achieved 11.41 billion CNY in revenue in 2023,...
The Minister of Employment, Workforce Development and Official Languages, Randy Boissonnault, will speak about Canada's housing crisis.
The Minister will be available to take questions from media following his remarks.
Please note that all details...
Sustain Exchange LLC is proud to announce a partnership with HearMe, a leading behavioral health peer support platform focused on ensuring healthy lives and promoting well-being. As part of this innovative partnership, SustainAble Exchange will...
Graphene Manufacturing Group Ltd. ("GMG" or the "Company") is pleased to announce pricing of its previously announced marketed offering (the "Offering") of units (the "Units") of the Company. In connection with the Offering, the Company...
Thorold's historical artifacts are about to get an upgraded, modernized home thanks to a joint investment of more than $7.8 million from the federal and municipal governments.
Announced by Parliamentary Secretary Vance Badawey and Mayor Terry...
