TORONTO, ONTARIO -- (Marketwired) -- 10/19/16 -- 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 November 10, 2016 to shareholders on record as at October 31, 2016.
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 Ex-Dividend Date: October 27, 2016 Record Date: October 31,2016 Payable Date: November 10,2016