Business News • MarketWire • 5Banc Split Inc. Announces Quarterly Dividends on Preferred and Capital Shares |
5Banc Split Inc. Announces Quarterly Dividends on Preferred and Capital Shares |
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5Banc Split Inc. Announces Quarterly Dividends on Preferred and Capital Shares
TORONTO, ONTARIO--(Marketwire - April 6, 2010) - 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. The dividends on both the Preferred Shares and Capital Shares are payable on June 15, 2010 to holders of record on June 1, 2010.
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 from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada and The Toronto-Dominion Bank. Information concerning 5Banc Split Inc. is available on our website at
View More : http://www.marketwire.com/mw/release.do?id=1143642&sourceType=3
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