TORONTO, March 20, 2018 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price. Distributions are payable April 10, 2018 to shareholders on record as at March 29, 2018.
M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.
|Class I Preferred Share (XMF.PR.B)||$0.03125|
|Ex-Dividend Date:||March 28, 2018|
|Record Date:||March 29, 2018|
|Payable Date:||April 10, 2018|
Source:M Split Corp.