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Bullboard - Stock Discussion Forum M Split Corp T.XMF.PR.B


Primary Symbol: T.XMF.A Alternate Symbol(s):  T.XMF.PR.C

M Split Corp is a mutual fund corporation established in Canada. The fund seeks to provide holders with regular monthly cash dividends. In order to achieve its objectives, the company will invest the net proceeds of the offerings in common shares of Manulife.

TSX:XMF.A - Post Discussion

M Split Corp > Monthly Dividend Declared for Class I Preferred Shares
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Post by Betteryear2 on Nov 18, 2021 4:07pm

Monthly Dividend Declared for Class I Preferred Shares

TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price. Distributions are payable December 10, 2021 to shareholders on record as at November 30, 2021.

M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.

https://www.globenewswire.com/news-release/2021/11/18/2337773/0/en/M-Split-Corp-Monthly-Dividend-Declared-for-Class-I-Preferred-Shares.html

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M Split Corp