Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Income Financial Declares Monthly Distribution

T.INC.UN

TORONTO, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") declares its monthly distribution of $0.09675 per unit. The distribution is payable January 10, 2023 to unit holders on record as at December 30, 2022.

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 December 30, 2022 will receive a dividend of $0.09675 per unit based on the VWAP of $11.61 payable on January 10, 2023. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

Income Financial unitholders have received a total of $37.05 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.

DistributionDetails
Trust Unit (INC.UN) $0.09675
Record Date: December 30, 2022
Payable Date: January 10, 2023

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.quadravest.com
info@quadravest.com


Primary Logo



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today