TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price. Distributions are payable March 8, 2024 to shareholders on record as at February 29, 2024.
M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.
| Distribution Details | |
| Class I Preferred Share (XMF.PR.B) | $0.03125 |
| Record Date: | February 29, 2024 |
| Payable Date: | March 8, 2024 |
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