Charterhouse Preferred Share Index Corporation Declares Quarterly Distribution



    TORONTO, April 18 /CNW/ - Charterhouse Preferred Share Index Corporation
(the "Company") is pleased to announce a return of capital distribution of
$ 0.2438 per PSI Preferred Share ("Share") that will be paid in cash on
April 30, 2007 to holders of record at the close of business on April 27,
2007. This distribution covers the Company's fiscal third quarter ending April
30, 2007 and equates to an annualized current yield of approximately 4.4 %
based on the closing price of the Shares of $ 22.17 on April 17, 2007.
    The current distribution is off slightly, $0.0001 per share, from the
distribution paid last quarter. Distributions paid by the Company vary from
quarter to quarter as a result of changes in the make up and weighting of the
Index Portfolio, the actual income received from securities underlying the
Index Portfolio and borrowing costs.





For further information:

For further information: Kevin Beatson, Chief Executive Officer,
kbeatson@felcom.ca, Web site: www.charterhousefinancial.com

Organization Profile

CHARTERHOUSE PREFERRED SHARE INDEX CORPORATION

More on this organization


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890