TORONTO, ONTARIO--(Marketwire - Mar 19, 2013) - The Board of Directors of Income STREAMS III ("IS STREAMS") declares its regular monthly distribution of $0.0875 per Equity Dividend Share (TSX:STQ.E). Distributions are payable April 10, 2013 to shareholders on record as of March 28, 2013.
Since inception Equity Dividend shareholders have received total distributions of $12.31 per share inclusive of this distribution.
The managed portfolio (the managed portion of the assets of IS STREAMS not subject to the Capital Yield share repayment forward contract) is invested primarily in a diversified portfolio of companies included in the S&P 500 and the S&P/TSX 60. To provide additional returns above the dividend and interest income earned on the managed portfolio, a covered call writing program generates option premium income on stocks held in the portfolio.
|Distribution per Equity Dividend Share (STQ.E)||$ 0.0875|
|Ex-Dividend Date:||March 26, 2013|
|Record Date:||March 28, 2013|
|Payable Date:||April 10, 2013|