Middlefield Innovation Dividend ETF: Quarterly Distribution Update
Overview of Middlefield Innovation Dividend ETF Distributions
Middlefield Innovation Dividend ETF (TSX: MINN) is excited to announce its distributions for the first quarter of the year. These distributions will be crucial for unitholders who depend on regular income from their investments. The Fund has outlined a clear schedule for the record and payable dates of these distributions, ensuring transparency for all investors.
Distribution Schedule
Annual Distribution Details
For the first quarter, the distributions are structured as follows:
Record Date: January 31, 2025
Payable Date: February 14, 2025
Distribution Per Trust Unit: $0.033
Record Date: February 28, 2025
Payable Date: March 14, 2025
Distribution Per Trust Unit: $0.033
Record Date: March 31, 2025
Payable Date: April 15, 2025
Distribution Per Trust Unit: $0.033
Distribution Reinvestment Plan (DRIP)
The Fund supports a distribution reinvestment plan (DRIP), aimed at enhancing the investment experience for unitholders. This plan allows unitholders to automatically reinvest their distributions without incurring any commission fees. This reinvestment strategy is an effective way to capitalize on compound growth over time. Interested investors can enroll by reaching out to their investment advisor.
About Middlefield
Established in 1979, Middlefield has established itself as a premier equity income asset manager, with a reputation for providing high-quality investment management. With offices located in major financial centers, including Toronto and London, the firm employs an active management strategy to identify profitable companies across diverse sectors including real estate, healthcare, innovation, and energy.
Middlefield is committed to offering innovative financial solutions through various product types such as ETFs, Mutual Funds, and Closed-End Funds. This diverse approach allows investors to choose products that align with their financial goals and risk profiles.
Contact Information for Further Inquiry
For any additional questions or further information regarding Middlefield Innovation Dividend ETF, potential and current investors are encouraged to visit their official website at www.middlefield.com. For personalized assistance, you may contact Nancy Tham in the Sales and Marketing Department at 1.888.890.1868.
Frequently Asked Questions
What is the purpose of the DRIP program?
The DRIP program allows unitholders to reinvest their distributions automatically, fostering the potential for compound growth without incurring additional fees.
When are the distributions payable?
The distributions are payable on specified dates following the record dates, typically around two weeks later.
Who manages the Middlefield Innovation Dividend ETF?
Middlefield, a well-respected asset management firm, manages the ETF and provides its investment strategies.
How does Middlefield select investments for the Fund?
The investment team at Middlefield utilizes active management techniques to select high-quality global companies across various sectors for the Fund's portfolio.
Where can investors find more information about Middlefield's products?
Investors can find comprehensive information about Middlefield's range of financial products and services on their official website.
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