Mr. John Germain reports
S SPLIT CORP. DECLARES MONTHLY DISTRIBUTION
S Split Corp. has declared monthly distributions, payable on Oct. 31, 2023, to shareholders of record on Oct. 13, 2023. 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 Sept. 29, 2023, was $11.89.
To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.
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