TORONTO, ON–(Marketwired – May 19, 2016) – Big 8 Split Inc. (the “Company”) (TSX: BIG.D)(TSX: BIG.PR.D) announced today that it has declared a quarterly dividend of $0.1125 per Class D Preferred Share. In addition a quarterly dividend on its Class D Capital Shares was declared of $0.0430 per Class D Capital Share. The dividends on both the Class D Preferred Shares and Class D Capital Shares are payable on June 15, 2016 to holders of record on May 31, 2016.
The Company was established to generate dividend income for the Class D Preferred Shares while providing holders of the Class D Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc. Information concerning Big 8 Split Inc. is available on our website at http://www.timbercreek.com/investments/managed-companies/big8-split-inc/overview.
The Class D Capital Shares and Class D Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.D and BIG.pr.D respectively.
For further information contact:
Timbercreek Asset Management Inc.
Carrie Morris
Investor Relations
cmorris@timbercreek.com