An anonymous trustee reports

INCOME FINANCIAL DECLARES MONTHLY DISTRIBUTION

Income Financial Trust has declared its monthly distribution of 6.258 cents per unit. The distribution is payable April 10, 2024, to unitholders on record as at March 28, 2024.

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 (VWAP) of Income Financial's units over the last three trading days of the preceding month. As a result, holders of record on March 28, 2024, will receive a dividend of 6.258 cents per unit, based on the VWAP of $7.51, on April 10, 2024. 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 $38.21 per unit in distributions since inception, inclusive of this distribution.

Distribution details

Trust unit:  6.258 cents

Record date:  March 28, 2024

Payable date:  April 10, 2024