Infrastructure Dividend Split Corp. Class A Distributions Update
Infrastructure Dividend Split Corp. Class A Distributions
Infrastructure Dividend Split Corp. (TSX:IS) is pleased to announce that a distribution for August 2024 will be payable to Class A shareholders. This announcement underscores the Fund's ongoing commitment to delivering value to its investors through reliable income generation.
Distribution Details for Class A Shareholders
The upcoming distribution is detailed as follows:
Record Date
The record date for the upcoming distribution is scheduled for August 31, 2024. Class A shareholders on record as of this date will be eligible to receive the distribution.
Payable Date
The payable date for the distribution is set for September 13, 2024. On this date, eligible shareholders will receive their payments
Distribution Amount
The distribution per preferred share for this cycle is $0.125. This amount reflects the Fund's strategy to distribute income generated through its investments consistently and reliably.
About Infrastructure Dividend Split Corp.
Infrastructure Dividend Split Corp. trades on the Toronto Stock Exchange under the symbol IS. The Fund is structured to provide investors with exposure to income-generating investment strategies, focusing on reliable dividends and sustainable income streams.
Middlefield's Investment Strategy
Founded in 1979, Middlefield is a specialist equity income asset manager with a global focus. With offices in Toronto and London, Middlefield employs an active management strategy that emphasizes the selection of high-quality companies across various sectors, including real estate, healthcare, energy, and infrastructure. The investment team is known for its disciplined approach to identifying companies that offer solid dividend yields and growth potential.
The company offers a diverse range of investment products designed to meet the needs of different types of investors. These products include Exchange-Traded Funds (ETFs), Mutual Funds, Closed-End Funds, Split-Share Funds, and Flow-through Limited Partnerships (LPs). Middlefield's focus on income-generating strategies aims to deliver consistent returns to investors while managing risk effectively.
Contact Information
For those seeking further information, please contact Nancy Tham from our Sales and Marketing Department at 1.888.890.1868. Additionally, you can learn more about Middlefield's investment strategies and product offerings by visiting their website at www.middlefield.com.
Frequently Asked Questions
What is the record date for the upcoming distributions?
The record date for the upcoming distributions is August 31, 2024.
When will the distributions be payable?
The distributions will be payable on September 13, 2024.
What is the amount of the distribution per share?
The distribution per preferred share is $0.125 for the month of August 2024.
What exchange does Infrastructure Dividend Split Corp. trade on?
Infrastructure Dividend Split Corp. trades on the Toronto Stock Exchange under the symbol IS.
How long has Middlefield been in operation?
Middlefield has been operational since 1979, specializing in equity income asset management.
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