Income Financial Declares Monthly Distribution
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/20/15 -- Income Financial Trust ("Income Financial") is pleased to declare its monthly distribution of $0.09108 per unit. The distribution is payable November 10, 2015 to unitholders on record as of October 30, 2015.
Under the distribution policy announced on November 18, 2013, the monthly distribution is determined by applying a 10% 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 30, 2015 will receive a distribution of $0.09108 per unit based on the VWAP of $10.93 over the last 3 trading days of September payable on November 10, 2015. The yield will remain stable at 10% (based on the VWAP) under this distribution policy.
Income Financial unitholders have received a total of $28.07 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.
Contacts:
Investor Relations:
1-877-478-2372
Local: 416-304-4443
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 20.10.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 1393392
Anzahl Zeichen: 0
contact information:
Contact person:
Town:
TORONTO, ONTARIO
Phone:
Kategorie:
Personal Finance
Anmerkungen:
Diese Pressemitteilung wurde bisher 93 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Income Financial Declares Monthly Distribution
"
steht unter der journalistisch-redaktionellen Verantwortung von
Income Financial Trust (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
