TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") declares its monthly distribution of $0.06075 per unit. The distribution is payable November 10, 2023 to unit holders on record as at October 31, 2023.
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 October 31, 2023 will receive a dividend of $0.06075 per unit based on the VWAP of $7.29 payable on November 10, 2023. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.
Income Financial unitholders have received a total of $37.92 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.
BJC HealthCare, one of the largest nonprofit health care organizations in the United States, and Encompass Health , the nation's largest owner and operator of inpatient rehabilitation hospitals, announce the opening of The Rehabilitation Institute of...
QuoteWell, a tech-driven insurance wholesale broker, has partnered with industry trade association the Independent Insurance Agents of Texas (IIAT) to help deliver a responsive and transparent wholesale brokerage experience to IIAT's 9,000+ agency...
M&T Bank Corporation ("M&T") announced that it has declared a quarterly cash dividend of $1.35 per share on its common stock. This represents an increase of $.05 per share, or 4 percent, from the previous $1.30 per share dividend paid in the first...
Cano Health, Inc. ("Cano Health" or the "Company"), a leading value-based primary care provider and population health company, today announced a global agreement with the Unsecured Creditors Committee representing the interests of the Company's...
Helium Evolution Incorporated ("HEVI" or the "Company"), a Canadian-based helium exploration company focused on developing assets in southern Saskatchewan, today announced the filing of the Company's interim condensed financial statements and...
Evolve Funds Group Inc. ("Evolve") is pleased to announce the distribution amounts per unit (the "Distributions") for certain funds (the "Evolve Funds"), for the period ending May 31, 2024, as indicated in the table below.
The ex-dividend date and...
