TORONTO, ONTARIO--(Marketwired - May 21, 2013) - M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable June 10, 2013 to shareholders on record as of May 31, 2013. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.

M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.