TORONTO, Sept. 02, 2022 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on September 29, 2022 to shareholders of record on September 15, 2022. 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 August 31, 2022 was $14.43.
Amount Per Share
Class A Shares
To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.
John Germain, Senior Vice-President & CFO
Mulvihill Capital Management Inc.
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