M SPLIT CORP. Monthly Dividend Declared for Class I and Class II Preferred Shares
Globenewswire·2026-01-20 14:00

Core Viewpoint - M Split Corp. has declared monthly distributions for its Class I and Class II Preferred shareholders, maintaining an annual rate of 7.50% based on a $5 notional issue price [1][2]. Distribution Details - Class I Preferred shareholders will receive a monthly distribution of $0.03125 per share, amounting to $0.375 annually [1][3]. - Class II Preferred shareholders will also receive a monthly distribution of $0.03125 per share, contingent upon the NAV exceeding $10.00 [1][2]. - The record date for these distributions is January 30, 2026, with payments scheduled for February 10, 2026 [1][3]. Investment Focus - M Split invests primarily in common shares of Manulife Financial Corporation, which is recognized as the largest life insurer in Canada, providing a range of financial products and wealth management services [2].

M SPLIT CORP. Monthly Dividend Declared for Class I and Class II Preferred Shares - Reportify