M Split Corp.: Monthly Dividend Declared for Class I Preferred Share (XMF.PR.B)
/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 05/17/16 -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable June 10, 2016 to shareholders on record as of May 31, 2016. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.
M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.
---------------------------------------------------------------------------- Distribution Details: Class I Preferred Share (XMF.PR.B) $0.03125 Ex-Dividend Date: May 27, 2016 Record Date: May 31, 2016 Payable Date: June 10, 2016 ----------------------------------------------------------------------------
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M Split Corp.
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1-877-478-2372 or Local: 416-304-4443
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www.m-split.com
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