TORONTO, April 23, 2024 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") declares its monthly distribution of $0.06400 per unit. The distribution is payable May 10, 2024 to unit holders on record as at April 30, 2024.
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 April 30, 2024 will receive a dividend of $0.06400 per unit based on the VWAP of $7.68 payable on May 10, 2024. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.
Income Financial unitholders have received a total of $38.28 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.
In its ordinary and extraordinary meetings held on April 28, 2024, the general assembly of Siniora Food Industries Company approved the distribution of cash dividends amounting to JD 4.2 million to its shareholders, representing 15% of the company's...
TerraPay, a leading global money movement company, is excited to announce the appointment of Hassan Chatila as Vice President - Global Head of Network.
This key addition to TerraPay's global network leadership also marks a critical step in the...
Ambri, the provider of long-duration Liquid Metaltm battery storage systems, today announced that it has agreed to the terms of a stalking horse purchase agreement with a consortium of its lenders (the "Lender Consortium"), pursuant to which the...
Today marks a strategic advancement in mission-critical communications as Ecrio, a leader in private mobile network innovation, announced its partnership with SEMPRE.ai, the company created to secure America's critical infrastructure. This...
Stonal, the leading data management platform for real estate owners and investors in Europe, has announced a strategic investment by Aareon, Europe's trusted provider of SaaS solutions for the property industry, to accelerate its European expansion....
Sohu.com Limited , a leading Chinese online media, video and game business group, will report its first quarter 2024 unaudited financial results on Monday, May 20, 2024, before U.S. market hours....
