Income Financial Declares Monthly Distribution
20 Outubro 2021 - 10:00AM
Income Financial Trust ("Income Financial") declares its monthly
distribution of $0.13367 per unit. The distribution is payable
November 10, 2021 to unit holders on record as at October 29, 2021.
Under the distribution policy announced on November 18, 2013,
the monthly distribution is determined by applying a 10.00%
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 29, 2021
will receive a dividend of $0.13367 per unit based on the VWAP of
$16.04 payable on November 10, 2021. The yield will remain stable
at 10.00% (based on the VWAP) under this distribution policy.
Income Financial unitholders have received a total of $35.48 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.
Distribution Details |
|
Trust Unit (INC.UN) |
$0.13367 |
Record Date: |
October 29, 2021 |
Payable
Date: |
November 10, 2021 |
Investor Relations: 1-877-478-2372 Local: 416-304-4443
www.quadravest.com info@quadravest.com
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