Big 8 Split Inc.

Big 8 Split Inc.

April 17, 2007 17:22 ET

Big 8 Split Inc. Increases Capital Share Dividend

TORONTO, ONTARIO--(CCNMatthews - April 17, 2007) - Big 8 Split Inc. (TSX:BIG.A)(TSX:BIG.PR.A) announced today that it has declared a quarterly dividend on its Preferred Shares in the amount of $0.28125 per Preferred Share and on its Capital Shares of $0.25 per Capital Share. The Capital Share dividend reflects an increase of $0.04 per share and has been set based on the current level of dividend income on the Portfolio Shares and on the currently anticipated level of operating expenses for Big 8 Split Inc. The dividends are payable on June 15, 2007 to holders of record on June 1, 2007.

Big 8 Split was established to generate dividend income for the Preferred Shares and to provide the Capital Shares with a leveraged play on 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

The Capital Shares and Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.A and respectively.

Contact Information

  • Big 8 Split Inc.
    Nikita Tziavas
    Chief Financial Officer and Secretary
    (416) 982-2865