S Split Corp. Declares Monthly Distribution
TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on February 26, 2021 to shareholders of record on February 12, 2021. Due to the decline in the net asset value (“NAV”) per unit below $16.50, the Company has suspended distributions on its Class A Shares in accordance with the Articles of Incorporation. The NAV per Unit on January 29, 2021 was $14.71.
Share Class | Ticker | Amount Per Share |
Class A Shares | SBN | $0.00000 |
Preferred Shares | SBN.PR.A | $0.04375 |
To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.
For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at [email protected] or visit www.strathbridge.com.
John Germain, Senior Vice-President & CFO | Strathbridge Asset Management Inc. |
121 King Street West | |
Suite 2600 | |
Toronto, Ontario M5H 3T9 |
Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
Source: S Split Corp.Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- KOIL Energy Secures Major Contract
- Indiaspora Inaugural AI Summit- Beyond Buzzwords: Can AI Be a Force for Good?
- CopAur Minerals Receives $1,000,000 in Cash and Three Million Shares of Omega Pacific Minerals Inc.
Create E-mail Alert Related Categories
Globe Newswire, Press ReleasesRelated Entities
DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!