High Income Principal And Yield Securities Corporation
TSX : PAY.PR.A

High Income Principal And Yield Securities Corporation

February 06, 2006 10:51 ET

HI PAYS Declares Regular Monthly Distributions to Preferred Shareholders

TORONTO, ONTARIO--(CCNMatthews - Feb. 6, 2006) - The Board of Directors of High Income Principal And Yield Securities Corporation ("HI PAYS") today announced its regular monthly distributions to holders of HI PAYS Preferred Shares (TSX:PAY.PR.A). Distributions are payable February 28, 2006 to shareholders of record on February 15, 2006.

HI PAYS invests in a diversified portfolio consisting principally of common shares issued by corporations whose shares are included in the S&P 500 Index and the S&P/TSX Composite Index, income funds and debt securities. HI PAYS shares are eligible as Canadian content. Lawrence Asset Management Inc. is both Manager and Investment Manager of HI PAYS.



Distribution Details
Distribution per Preferred Share (TSX: PAY.PR.A): $0.1146
Ex-Dividend Date: February 13, 2006
Record Date: February 15, 2006
Payment Date: February 28, 2006



Contact Information

  • High Income Principal And Yield Securities Corporation
    Catherine Stretch
    Investor Relations
    (416) 362-6283
    info@lawvest.com