Income Financial Declares Monthly Distribution
TORONTO, April 21, 2025 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") declares its monthly distribution of $0.06708 per unit. The distribution is payable May 9, 2025 to unit holders on record as at April 30, 2025.
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 April 30, 2025 will receive a dividend of $0.06708 per unit based on the VWAP of $8.05 payable on May 9, 2025. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.
Income Financial unitholders have received a total of $39.09 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) | $0.06708 |
| Record Date: | April 30, 2025 |
| Payable Date: | May 9, 2025 |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.quadravest.com | [email protected] |
Source: Income Financial Trust
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- C-IV Capital Partners Completes Acquisition of Greystone’s Special Servicing Business
- Flyte Secures International Approval to Launch Private Aviation Service Across The Bahamas and Caribbean
- Coverall of Gainesville Celebrates 40th 5-star Review and Perfect 5-Star Google Rating, Reinforcing Role as Best Commercial Cleaning Service in Gainesville, FL
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!



Tweet
Share