TORONTO, Dec. 05, 2022 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared monthly distributions, payable on December 30, 2022 to shareholders of record on December 15, 2022. Due to the decline in the net asset value (“NAV”) per unit below $16.50, the Company has suspended distributions on its Class A Shares in accordance with the Articles of Incorporation. The NAV per Unit on November 30, 2022 was $13.88.
Amount Per Share
Class A Shares
To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.
John Germain, Senior Vice-President & CFO
Mulvihill Capital Management Inc.
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