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INC.UN Income Financial Trust

7.25
-0.18 (-2.42%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Income Financial Trust TSX:INC.UN Toronto Trust
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.18 -2.42% 7.25 7.25 7.46 7.41 7.25 7.41 11,945 20:44:44

Income Financial Declares Monthly Distribution

20/11/2023 9:00pm

GlobeNewswire Inc.


Income Financial (TSX:INC.UN)
Historical Stock Chart


From Jun 2023 to Jun 2024

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Income Financial Trust ("Income Financial") declares its monthly distribution of $0.05250 per unit. The distribution is payable December 8, 2023 to unit holders on record as at November 30, 2023.

Under the distribution policy announced on November 18, 2013, the monthly distribution is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of Income Financial's units over the last 3 trading days of the preceding month. As a result, holders of record on November 30, 2023 will receive a dividend of $0.05250 per unit based on the VWAP of $6.30 payable on December 8, 2023. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

Income Financial unitholders have received a total of $37.97 per unit in distributions since inception, inclusive of this distribution.

Income Financial invests in a portfolio of North American financial services companies including some of the strongest Canadian & U.S. banks, life insurance and investment firms.

Distribution Details 
Trust Unit (INC.UN)$0.05250
Record Date:November 30, 2023
Payable Date:December 8, 2023
  

Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.quadravest.com info@quadravest.com

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