An anonymous director reports
M SPLIT CORP. MONTHLY DIVIDEND DECLARED FOR CLASS I PREFERRED SHARES
M Split Corp. has declared its monthly distribution of 3.125 cents per share (37.5 cents annually) for Class I preferred shareholders. The Class I preferred share dividends are paid at an annual rate of 7.50 per cent based on the $5 notional issue price. Distributions are payable Sept. 8, 2023, to shareholders on record as at Aug. 31, 2023.
M Split invests in common shares of Manulife Financial Corp., the largest life insurer in Canada, offering financial products and wealth management services.
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