Financial income trust declares monthly distribution


TORONTO, March 18, 2021 (GLOBE NEWSWIRE) – Income Financial Trust (“Income Financial”) declares its monthly distribution of $ 0.08375 per unit. The distribution is payable on April 9, 2021 to Unitholders of record on March 31, 2021.

Under the distribution policy announced on November 18, 2013, the monthly distribution is determined by applying an annualized rate of 10.00% to the Volume Weighted Average Price (VWAP) of Income Financial units over the past 3 years. trading days of the previous month. Therefore, holders of record on March 31, 2021 will receive a dividend of $ 0.08375 per unit based on the VWAP of $ 10.05 payable on April 9, 2021. The yield will remain stable at 10.00% (based on the VWAP) under this distribution. Politics.

Unitholders of Income Financial have received a total of $ 34.62 per unit in distributions since inception, including this distribution.

Income Financial invests in a portfolio of North American financial services companies, including some of the strongest Canadian and US banks, life insurance companies and investment firms.

Distribution details

Trust Unit (INC.UN)

$ 0.08375

Ex-dividend date:

March 30, 2021

Registration Date :

March 31, 2021

Payment date :

April 9, 2021

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.quadravest.com
[email protected]


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