Income Streams III

Income Streams III

December 18, 2009 09:00 ET

Income STREAMS III: Monthly Distribution Declared for Equity Dividend Share

TORONTO, ONTARIO--(Marketwire - Dec. 18, 2009) - The Board of Directors of Income STREAMS III ("IS STREAMS") declares its regular monthly distribution of $0.0875 per Equity Dividend Share (TSX:STQ.E). Distributions are payable January 8, 2010 to shareholders on record as of December 31, 2009.

Since inception Equity Dividend shareholders have received total distributions of $8.89 per share inclusive of this distribution.

The managed portfolio (the managed portion of the assets of IS STREAMS not subject to the Capital Yield share repayment forward contract) is invested primarily in a diversified portfolio of companies included in the S&P 500 and the S&P/TSX 60. To provide additional returns above the dividend and interest income earned on the managed portfolio, a covered call writing program generates option premium income on stocks held in the portfolio.

Distribution Details:  
Distribution per Equity Dividend Share (STQ.E)          $ 0.0875
Ex-Dividend Date:          December 29, 2009
Record Date:          December 31, 2009
Payable Date:          January 8, 2010

Contact Information

  • Income STREAMS III
    Investor Relations
    416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)