Big 8 Split Inc. Announces Quarterly Dividends on

TORONTO, May 11, 2018 (GLOBE NEWSWIRE) -- Big 8 Split Inc. (TSX:BIG.D) (TSX:BIG.pr.D) (the “Company”) announced today that it has declared a quarterly dividend of $0.1125 per Class D Preferred Share.  In addition, a quarterly dividend on its Class D Capital Shares was declared of $0.043 per Class D Capital Share.  The dividends on both the Class D Preferred Shares and Class D Capital Shares are payable on June 15, 2018 to holders of record on May 31, 2018.

The Company was established to generate dividend income for the Class D Preferred Shares while providing holders of the Class D Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc.  Information concerning Big 8 Split Inc. is available on our website at www.timbercreek.com/investments/managed-companies/big8-split-inc/overview . 

The Class D Capital Shares and Class D Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.D and BIG.pr.D respectively.

For further information contact:

Timbercreek Asset Management Inc. Carrie Morris Investor Relations cmorris@timbercreek.com