TORONTO, ONTARIO — (Marketwired) — 08/18/17 — 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 September 8, 2017 to shareholders on record as at August 31, 2017.
M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.
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