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Article: 5Banc Split Inc. Announces Regular Quarterly Dividends on Preferred and Capital Shares and Special Dividend on Capital Shares.
- Article from:
- Marketwire Canada
- Article date:
- October 8, 2009
CopyrightCOPYRIGHT 2009 Canadian Corporate News. News Provided by Comtex. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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TORONTO, ONTARIO, Oct 8, 2009 (Marketwire via COMTEX) -- 5Banc Split Inc. (TSX:FBS.B)(TSX:FBS.PR.B) announced today that it has declared a quarterly dividend on its Preferred Shares of $0.11875 per Preferred Share and on its Capital Shares of $0.05 per Capital Share. In addition, a special dividend of $0.10 per Capital Share was declared. The dividends on both the Preferred Shares and Capital Shares are payable on December 15, 2009 to holders of record on December 1, 2009.
5Banc Split 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 ...