TORONTO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared monthly distributions, payable on October 31, 2023 to shareholders of record on October 13, 2023. 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 September 29, 2023 was $11.89.
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.
121 King Street West
Toronto, Ontario M5H 3T9
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