An anonymous trustee reports

INCOME FINANCIAL DECLARES MONTHLY DISTRIBUTION

Income Financial Trust has declared its monthly distribution of 6.4 cents per unit. The distribution is payable May 10, 2024, to unit holders on record as at April 30, 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 April 30, 2024, will receive a dividend of 6.4 cents per unit, based on the VWAP of $7.68, on May 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 $38.28 per unit in distributions since inception, inclusive of this distribution.

Distribution details

Trust unit:  6.4 cents

Record date:  April 30, 2024

Payable date:  May 10, 2024