Income Financial Trust
TSX : INC.un

Income Financial Trust

November 17, 2015 09:00 ET

Income Financial Declares Monthly Distribution

TORONTO, ONTARIO--(Marketwired - Nov. 17, 2015) - Income Financial Trust ("Income Financial") is pleased to declare its monthly distribution of $0.09383 per unit. The distribution is payable December 10, 2015 to unitholders on record as of November 30, 2015.

Under the distribution policy announced on November 18, 2013, the monthly distribution is determined by applying a 10% annualized rate on the volume weighted average market price (VWAP) of Income Financial's units over the last 3 trading days of the preceding month. As a result, holders of record on November 30, 2015 will receive a distribution of $0.09383 per unit based on the VWAP of $11.26 over the last 3 trading days of October payable on December 10, 2015. The yield will remain stable at 10% (based on the VWAP) under this distribution policy.

Income Financial unitholders have received a total of $28.16 per unit in distributions since inception, inclusive of this distribution.

Income Financial invests in a portfolio of North American financial services companies including some of the strongest Canadian & U.S. banks, life insurance and investment firms.

Distribution Details:
Variable Distribution per Unit: $0.09383
Ex-Dividend Date: November 26, 2015
Record Date: November 30, 2015
Payable Date: December 10, 2015

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