M Split Corp. Monthly Dividend Declared for Class I and Class II Preferred Shares
Globenewswire·2025-11-19 14:00

Distribution Announcement - M Split Corp. declares a monthly distribution of $0.03125 per share for both Class I and Class II Preferred shareholders, amounting to $0.375 annually for each class [1][3] - The Class I Preferred share dividends are paid at an annual rate of 7.50% based on a $5 notional issue price [1] - Class II Preferred share dividends are also paid at an annual rate of 7.50% based on a $5 notional issue price, contingent upon the NAV exceeding $10.00 [1] Payment Details - Distributions are scheduled to be payable on December 10, 2025, to shareholders on record as of November 28, 2025 [1][3] Investment Focus - M Split invests in common shares of Manulife Financial Corporation, which is recognized as the largest life insurer in Canada, providing financial products and wealth management services [2]