Income Streams III
TSX : STQ.E

Income Streams III

May 18, 2011 09:00 ET

Income STREAMS III: Monthly Distribution Declared for Equity Dividend Share

TORONTO, ONTARIO--(Marketwire - May 18, 2011) - The Board of Directors of Income STREAMS III ("IS STREAMS") declares its regular monthly distribution of $0.0875 per Equity Dividend Share (TSX:STQ.E). Distributions are payable June 10, 2011 to shareholders on record as of May 31, 2011.

Since inception Equity Dividend shareholders have received total distributions of $10.38 per share inclusive of this distribution.

The managed portfolio (the managed portion of the assets of IS 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 (STQ.E)$ 0.0875
Ex-Dividend Date:May 27, 2011
Record Date:May 31, 2011
Payable Date:June 10, 2011

Contact Information

  • Income STREAMS III
    Investor Relations
    416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
    www.quadravest.com