Business & Finance
Business and Finance
Business and Finance
Mon, April 11, 2011
Sun, April 10, 2011
Fri, April 8, 2011 5Banc Split Inc. Announces Quarterly Dividends on Class B Preferred Shares and Increases Class B Capital Shares Dividend
TORONTO, ONTARIO--(Marketwire - April 8, 2011) - 5Banc Split Inc. (TSX:FBS.B)(TSX:FBS.PR.B) announced today that is has declared a quarterly dividend of $0.11875 per Class B Preferred Share. In addition a quarterly dividend on its Class B Capital Shares was declared of $0.0550 per Class B Capital Share, representing an increase of $0.005 per Class B Capital Share. The dividends on both the Class B Preferred Shares and Class B Capital Shares are payable on June 15, 2011 to holders of record on June 1, 2011.
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 [ www.tdsponsoredcompanies.com ].
The Capital Shares and Preferred Shares of 5Banc Split are listed on the Toronto Stock Exchange under the symbols FBS.B and FBS.pr.B respectively.
