Income Streams III

Income Streams III

October 18, 2006 09:00 ET

Income Streams III: Monthly Distribution Declared for Equity Dividend Share

TORONTO, ONTARIO--(CCNMatthews - Oct. 18, 2006) - 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 November 10, 2006 to shareholders on record as of October 31, 2006.

To date Equity Dividend shareholders have received 64 monthly distributions for a total of $5.57 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: October 27, 2006

Record Date: October 31, 2006

Payable Date: November 10, 2006

Contact Information

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