Income Financial Trust Declares Monthly Distribution

Written by Customer Service on . Posted in Dividend Reports And Estimates.

TORONTO, Oct. 21, 2020 (GLOBE NEWSWIRE) — Income Financial Trust (“Income Financial”) declares its monthly distribution of $0.05533 per unit. The distribution is payable November 10, 2020 to unit holders on record as at October 30, 2020.
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 30, 2020 will receive a dividend of $0.05533 per unit based on the VWAP of $6.64 payable on November 10, 2020. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.Income Financial unitholders have received a total of $34.28 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.Investor Relations: 1-877-478-2372
Local: 416-304-4443
info@quadravest.com
www.quadravest.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.