Business & Finance
Business and Finance
Business and Finance
Fri, January 20, 2012
Thu, January 19, 2012 5Banc Split Inc. Announces Initial Quarterly Dividends on Class C Preferred Shares and Class B Capital Shares Following Reorgan
January 19, 2012 17:44 ET
5Banc Split Inc. Announces Initial Quarterly Dividends on Class C Preferred Shares and Class B Capital Shares Following Reorganization
TORONTO, ONTARIO--(Marketwire - Jan. 19, 2012) - 5Banc Split Inc.(TSX:FBS.B)(TSX:FBS.pr.C) announced today that it has declared its initial quarterly dividends of $0.11875 per Class C Preferred Share and $0.105 per Class B Capital Share. The dividends on both the Class C Preferred Shares and Class B Capital Shares are payable on March 15, 2012 to holders of record on March 1, 2012.
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.C respectively.
