Wednesday 9 April 2025 08:51 GMT

Income Financial Declares Monthly Distribution


(MENAFN- GlobeNewsWire - Nasdaq) TORONTO, March 19, 2025 (GLOBE NEWSWIRE) -- Income Financial Trust ("Income Financial") declares its monthly distribution of $0.07267 per unit. The distribution is payable April 10, 2025 to unit holders on record as at March 31, 2025.

Under the distribution policy announced on November 18, 2013, the monthly distribution is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of Income Financial's units over the last 3 trading days of the preceding month. As a result, holders of record on March 31, 2025 will receive a dividend of $0.07267 per unit based on the VWAP of $8.72 payable on April 10, 2025. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

Income Financial unitholders have received a total of $39.03 per unit in distributions since inception, inclusive of this distribution.

Income Financial invests in a portfolio of North American financial services companies including some of the strongest Canadian & U.S. banks, life insurance and investment firms.

Distribution Details
Trust Unit (INC.UN) $0.07267
Record Date: March 31, 2025
Payable Date: April 10, 2025


Investor Relations: 1-877-478-2372 Local: 416-304-4443 ...

MENAFN19032025004107003653ID1109332874


Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search