TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") declares its monthly distribution of $0.05250 per unit. The distribution is payable December 8, 2023 to unit holders on record as at November 30, 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 November 30, 2023 will receive a dividend of $0.05250 per unit based on the VWAP of $6.30 payable on December 8, 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 $37.97 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.
The revenue in April for Zinzino's sales markets increased by 34 % and amounted to SEK 155.7 (116.0) million. Faun Pharma's external sales increased by 54 % and amounted to SEK 8.0 (5.2) million. Overall, the Group increased revenues by 35 % to SEK...
IQAX Ltd., an innovative developer of technology solutions for shipping and logistics based in Hong Kong, announced that Hapag-Lloyd, one of the world's largest container shipping lines, will adopt IQAX eBL to issue electronic bills of lading (eBLs)....
Wynn Resorts, Limited has released new images of its latest luxury resort, Wynn Al Marjan Island, currently under construction in Ras Al Khaimah, United Arab Emirates.
The development is the Company's first beachfront resort and is being built on a...
Today, Steward Health Care ("the Company"), a national fully integrated value-based healthcare system and the largest physician-led hospital operator in the United States, announced that it has commenced an in-court restructuring process through the...
FlagshipTWO, Sweden's second large-scale production facility of green electrofuel (eMethanol), has received the environmental permit for its planned operations in Sundsvall, Sweden. The facility is developed by Liquid Wind and is one of the largest...
