Capital Gains Income Streams

Capital Gains Income Streams

April 18, 2007 09:00 ET

Capital Gains Income STREAMS: Monthly Distribution Declared for Equity Dividend Share

TORONTO, ONTARIO--(CCNMatthews - April 18, 2007) - The Board of Directors of Capital Gains Income STREAMS ("CG STREAMS") declares its regular monthly distribution of $0.0875 per Equity Dividend Share (TSX:CGQ.E). Distributions are payable May 10, 2007 to shareholders on record as of April 30, 2007.

To date Equity Dividend shareholders have received 74 monthly distributions for a total of $6.46 per share inclusive of this distribution.

The managed portfolio (the managed portion of the assets of CG 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 (CGQ.E) $ 0.0875

Ex-Dividend Date: April 26, 2007

Record Date: April 30, 2007

Payable Date: May 10, 2007

Contact Information

  • Capital Gains Income STREAMS
    Investor Relations
    (416) 304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)