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 7.5 per cent based on the $5 notional issue price. Distributions are payable Feb. 8, 2019, to shareholders on record as at Jan. 31, 2019.
M Split invests in common shares of Manulife Financial Corp., the largest life insurer in Canada offering financial products and wealth management services.
Class I preferred share (XMF.PR.B): 3.125 cents
Ex dividend date: Jan. 30, 2019
Record date: Jan. 31, 2019
Payable date: Feb. 8, 2019
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