M Split Corp. Monthly Dividend Declared for Class I Preferred Shares
TORONTO, Jan. 20, 2020 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price. Distributions are payable February 10, 2020 to shareholders on record as at January 31, 2020.
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: | January 30, 2020 |
| Record Date: | January 31, 2020 |
| Payable Date: | February 10, 2020 |
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