TORONTO, Feb. 18, 2015 /CNW/ - Big 8 Split Inc. (the "Company") announced today that it has declared a quarterly dividend of $0.1125 per Class D Preferred Share. In addition a quarterly dividend on its Class D Capital Shares was declared of $0.0625 per Class D Capital Share. The dividends on both the Class D Preferred Shares and Class D Capital Shares are payable on March 13, 2015 to holders of record on February 27, 2015.
The Company was established to generate dividend income for the Class D Preferred Shares while providing holders of the Class D 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. Information concerning Big 8 Split Inc. is available on our website at www.timbercreek.com/big-8-split-inc.
The Class D Capital Shares and Class D Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.D and BIG.pr.D respectively.
SOURCE Timbercreek Asset Management Inc.
For further information: Timbercreek Asset Management Inc., Carrie Morris, Investor Relations, firstname.lastname@example.org