TORONTO, Jan. 7 /CNW/ - The Board of Directors of SL Split Corp. (the "Company") has today declared an ordinary dividend of $0.3223 per Preferred Share payable on January 29, 2010 to holders of record at the close of business on January 28, 2010. Holders of Preferred Shares are entitled to receive quarterly fixed cumulative dividends equal to $0.3223 per Preferred Share.
SL Split Corp. is a mutual fund corporation created to hold a portfolio of common shares of Sun Life Financial Inc. The Company will generate a fixed quarterly dividend for the Preferred shareholders and provide the Capital shareholders with a leveraged investment, the value of which is linked to changes in the market price of the Sun Life shares.
Capital Shares and Preferred Shares of SL Split Corp. are listed for trading on The Toronto Stock Exchange under the symbols SLS and SLS.PR.A respectively.
SOURCE SL Split Corp.
For further information: For further information: Investor Relations, SL Split Corp., (416) 945-4514, E-mail: email@example.com; Web site: www.scotiamanagedcompanies.com