Income Financial Declares Monthly Distribution
20 Novembre 2024 - 3:00PM
Income Financial Trust ("Income Financial") declares its monthly
distribution of $0.06942 per unit. The distribution is payable
December 10, 2024 to unit holders on record as at November 29,
2024.
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 November 29, 2024 will receive a dividend of $0.06942 per unit
based on the VWAP of $8.33 payable on December 10, 2024. The yield
will remain stable at 10.00% (based on the VWAP) under this
distribution policy.
Income Financial unitholders have received a
total of $38.73 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) |
|
$0.06942 |
Record
Date: |
|
November 29, 2024 |
Payable
Date: |
|
December 10, 2024 |
|
|
Investor Relations: 1-877-478-2372Local:
416-304-4443www.quadravest.com info@quadravest.com
Income Financial (TSX:INC.UN)
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