TORONTO, Oct. 20 /CNW/ - The Board of Directors of Sixty Split Corp. has declared today an ordinary dividend of $0.3563 per Preferred Share payable on December 15, 2010 to holders of record at the close of business on December 8, 2010.
Holders of Preferred Shares are entitled to receive quarterly fixed cumulative distributions equal to $0.3563 per Preferred Share.
The Capital Shares and Preferred Shares are scheduled to be redeemed by the Company on March 15, 2011 in accordance with the redemption provisions as detailed in the prospectus dated March 5, 2001. The Board of Directors is currently reviewing alternatives to termination including a possible extension of the Company, but there can be no assurance that any alternative will materialize.
Sixty Split Corp. is a mutual fund corporation created to hold a portfolio of common shares and income funds of the companies and trusts that make up the S&P/TSX 60 Index. Capital Shares and Preferred Shares of Sixty Split Corp. are listed for trading on The Toronto Stock Exchange under the symbols SXT and SXT.PR.A respectively.
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For further information: For further information: Investor Relations, Sixty Split Corp., (416) 863-7007, E-mail: [email protected], Web site: www.scotiamanagedcompanies.com
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