TORONTO, ONTARIO--(Marketwire - Oct. 12, 2012) - Big 8 Split Inc. (TSX:BIG.A)(TSX:BIG.PR.B)(TSX:BIG.PR.C) announced today that it has declared a quarterly dividend of $0.21 per Class B Preferred Share and $0.1725 per Class C Preferred Share. In addition a quarterly dividend on its Class A Capital Shares was declared of $0.1125 per Class A Capital Share representing an increase of $0.0050 per Class A Capital Share. The dividends on the Class B Preferred Shares, Class C Preferred Shares and Class A Capital Shares are all payable on December 14, 2012 to holders of record on November 30, 2012.
Big 8 Split was established to generate dividend income for the Preferred Shares while providing holders of the 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 www.tdsponsoredcompanies.com.
The Capital Shares and Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.A, BIG.pr.B and BIG.pr.C respectively.