An anonymous director reports

INCOME FINANCIAL DECLARES MONTHLY DISTRIBUTION

Income Financial Trust has declared its monthly distribution of 13.083 cents per unit. The distribution is payable July 10, 2018, to unitholders on record as at June 29, 2018.

Under the distribution policy announced on Nov. 18, 2013, the monthly distribution is determined by applying a 10-per-cent annualized rate on the volume-weighted average market price of Income Finanical's units over the last three trading days of the preceding month. As a result, holders of record on June 29, 2018, will receive a dividend of 13.083 cents per unit based on the VWAP of $15.70 payable on July 10, 2018. The yield will remain stable at 10 per cent (based on the VWAP) under this distribution policy.

Income Financial unitholders have received a total of $32 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 and United States' banks, life insurance and investment firms.

Distribution details

Trust unit (INC.UN):  13.083 cents

Ex dividend date:  June 28, 2018

Record date:  June 29, 2018

Payable date:  June 29, 2018