TORONTO, March 5, 2014 /CNW/ - The Trustees of Kingsway Linked Return of Capital Trust (the "Trust") have today declared a return of capital distribution of $0.3125 per Kingsway Linked Return of Capital Preferred Unit (the "LROC Preferred Units"), payable on March 31, 2014 to holders of record at the close of business on March 28, 2014.
The Trust has been created to provide holders with exposure to a senior note issued by an affiliate of Kingsway Financial Services Inc. Holders of the LROC Preferred Units will receive quarterly distributions of $0.3125 per LROC Preferred Unit representing a yield of 5.00% per annum on the $25.00 per LROC Preferred Unit offering price.
Units are listed for trading on the TSX under the symbol KSP.UN.
SOURCE: Kingsway Linked Return of Capital Trust
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