TORONTO, Nov. 20, 2014 /CNW/ - 5Banc Split Inc. (the "Company") announced today that it has declared quarterly dividends of $0.11875 per Class C Preferred Share. In addition a quarterly dividend on its Class B Capital Share was declared of $ 0.1400 per Class B Capital Share. The dividends on both the Class C Preferred Shares and Class B Capital Shares are payable on December 15, 2014 to holders of record on December 1, 2014.
About the Company
The Company 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 and The Toronto-Dominion Bank. Information concerning 5Banc Split Inc. is available on our website at www.timbercreek.com/5banc-split-inc.
The Capital Shares and Preferred Shares of 5Banc Split are listed on the Toronto Stock Exchange under the symbols FBS.B and FBS.PR.C respectively.
SOURCE: Timbercreek Asset Management Inc.
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Timbercreek Asset Management Inc.