Distribution Details - 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] - Class I Preferred shares have an annual dividend rate of 7.50% based on a $5 notional issue price [1] - Class II Preferred shares also have an annual dividend rate of 7.50% based on a $5 notional issue price, applicable when the NAV exceeds $10.00 [1] - Distributions are payable on January 9, 2026, to shareholders on record as of December 31, 2025 [1][3] Investment Focus - M Split invests in common shares of Manulife Financial Corporation, which is the largest life insurer in Canada and offers financial products and wealth management services [2]
M Split Corp. Monthly Dividend Declared for Class I and Class II Preferred Shares