TORONTO, Feb. 04, 2020 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on February 28, 2020 to shareholders of record on February 14, 2020. 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 31, 2020 was $16.11.
|Share Class |
Class A Shares
|Amount Per Share |
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||Strathbridge Asset Management Inc. |
121 King Street West
Toronto, Ontario M5H 3T9