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M Split Corp. Monthly Dividend Declared for Class I Preferred Shares
Globenewswire· 2025-07-18 13:00
Distribution Announcement - M Split Corp. declares a monthly distribution of $0.03125 per share for Class I Preferred shareholders, amounting to $0.375 annually [1] - The Class I Preferred share dividends are set at an annual rate of 7.50% based on a notional issue price of $5 [1] Payment Details - Distributions are payable on August 8, 2025, to shareholders on record as of July 31, 2025 [1][3] - The Class I Preferred Share is identified as XMF.PR.B [3] Investment Focus - M Split invests in common shares of Manulife Financial Corporation, which is the largest life insurer in Canada, providing financial products and wealth management services [2]