Canada NewsWire
TORONTO, Aug. 12, 2016
TORONTO, Aug. 12, 2016 /CNW/ - The Board of Directors of SCITI
Limited, as general partner of SCITI Limited Partnership, trustee for SCITI Trust (the "SCITI") has declared a cash distribution of
$0.045 per Trust unit.
Record and payment date are as follows:
|
Record Date
|
Payment Date
|
Distribution Amount/Trust Unit
|
|
August 30, 2016
|
September 15, 2016
|
$0.045
|
Unitholders are entitled to receive monthly distributions as declared by the Trustee of SCITI. The Trustee generally intends to
declare and pay monthly distributions to the extent of forecasted distributions to be received for a calendar quarter from the
underlying portfolio, less the estimated operating expenses for the period.
SCITI is an investment trust whose investment portfolio consists of income funds, corporations and other entities that reflect
the makeup of the 50 highest yielding members of the Scotia Capital High Yielding Equity Index on an approximately equal weight
basis in order to provide unitholders with a diversified and high yielding portfolio.
Trust Units of SCITI are listed for trading on The Toronto Stock Exchange under the symbol SIN.UN.
SOURCE SCITI Trust
