U.S. Markets open in 2 hrs 4 mins

S Split Corp. Declares Monthly Distribution

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
S Split Corp.
·1 min read
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

TORONTO, Feb. 02, 2021 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on February 26, 2021 to shareholders of record on February 12, 2021. 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 January 29, 2021 was $14.71.

Share Class

Ticker

Amount Per Share

Class A Shares

SBN

$0.00000

Preferred Shares

SBN.PR.A

$0.04375

To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.

For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at info@strathbridge.com or visit www.strathbridge.com.

John Germain, Senior Vice-President & CFO

Strathbridge Asset Management Inc.

121 King Street West

Suite 2600

Toronto, Ontario M5H 3T9

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.