M Split Corp. Announces Monthly Dividend for Class I Shares
M Split Corp. ("M Split") has declared its monthly distribution of $0.03125 per share, which totals $0.375 annually, for Class I Preferred shareholders. The dividends for Class I Preferred shares are issued at an annual rate of 7.50%, calculated based on a notional issue price of $5. Shareholders on record as of the designated date will receive these distributions.
Investment Strategy of M Split Corp.
M Split focuses its investments on common shares of Manulife Financial Corporation, recognized as the largest life insurer in Canada, offering a wide range of financial products and wealth management services.
Details of the Distribution
Essential Information
Class I Preferred Share (XMF.PR.B): $0.03125
Key Dates
Record Date: To be announced
Payable Date: To be announced
Investor Relations
If you have any questions, please reach out to our Investor Relations office at 1-877-478-2372 or 416-304-4443. For more details, visit www.m-split.com or email us at info@quadravest.com.
Frequently Asked Questions
What is the dividend amount for Class I Preferred shares?
The declared dividend is $0.03125 per share, which translates to $0.375 annually.
What is the annual rate for the Class I Preferred shares?
The Class I Preferred shares carry an annual dividend rate of 7.50%, based on a notional issue price of $5.
When will the dividends be payable?
Distributions will be paid to shareholders as of the record date, which will be announced soon.
Which companies does M Split Corp. invest in?
M Split primarily invests in common shares of Manulife Financial Corporation, a prominent life insurer in Canada.
How can I contact Investor Relations?
You can reach out to Investor Relations by calling 1-877-478-2372 or 416-304-4443.