Big 8 Split Inc. Announces Quarterly Dividends on Preferred Shares and Capital Shares
(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/22/13 -- Big 8 Split Inc. (TSX: BIG.A)(TSX: BIG.PR.B)(TSX: BIG.PR.C) announced today that it has declared a quarterly dividend of $0.21 per Class B Preferred Share and $0.1725 per Class C Preferred Share. In addition a quarterly dividend on its Class A Capital Shares was declared of $0.1275 per Class A Capital Share representing an increase of $0.0075 per Class A Capital Share. The dividends on the Class B Preferred Shares, Class C Preferred Shares and Class A Capital Shares are all payable on December 13, 2013 to holders of record on November 29, 2013.
Big 8 Split was established to generate dividend income for the Preferred Shares while providing holders of the Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc. The Board of Directors is currently reviewing a structure to provide holders of the Capital Shares with an opportunity to retain their participation in Big8 Split Inc. or to redeem their Capital Shares as scheduled on the Redemption Date. Information concerning Big 8 Split Inc. is available on our website at .
The Capital Shares and Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.A, BIG.pr.B and BIG.pr.C respectively.
Contacts:
Big 8 Split Inc.
Investor Relations
416-982-2680
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Datum: 22.10.2013 - 15:51 Uhr
Sprache: Deutsch
News-ID 308176
Anzahl Zeichen: 3215
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TORONTO, ONTARIO
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Investment Opinion
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