M Split Corp.: Monthly Dividend Declared for Class I Preferred Share (XMF.PR.B)

TORONTO, ONTARIO--(Marketwire - Feb. 16, 2011) - M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. Distributions are payable March 10, 2011 to shareholders on record as of February 28, 2011. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price.

M Split invests in common shares of Manulife Financial Corporation, the largest life insurer in Canada offering financial products and wealth management services.