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

High Income Principal And Yield Securities Corporation

April 05, 2006 16:31 ET

HI PAYS Declares Regular Monthly Distributions to Preferred Shareholders

TORONTO, ONTARIO--(CCNMatthews - April 5, 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 April 28, 2006 to shareholders of record on April 17, 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: April 12, 2006
Record Date: April 17, 2006
Payment Date: April 28, 2006



Contact Information

  • Lawrence Asset Management Inc.
    Catherine Stretch
    Investor Relations
    (416) 362-6283
    info@lawvest.com