NB Split Corp.

NB Split Corp.

February 18, 2009 18:08 ET

NB Split Corp. Announces Preferred Share Dividend

TORONTO, ONTARIO--(Marketwire - Feb. 18, 2009) - NB Split Corp. (the "Company") (TSX:NBF)(TSX:NBF.PR.A) announces a dividend for the quarter-ending February 28, 2009 of $0.3886 per Preferred Share to be paid on March 13, 2009 to holders of record on February 27, 2009.

The Board of Directors has determined that it will not declare a dividend on the Capital Shares for this quarter. The Board of Directors will review on a quarterly basis whether the Company will declare a dividend on the Capital Shares. Any excess of dividends received by the Company over that required to fund the Preferred Share distributions and operating expenses will be held in cash or cash equivalents by the Company.

Contact Information

  • First Asset (the Company's Administrator)
    Rob MacNiven
    Investor Relations
    (416) 642-1289 or 1-877-642-1289
    Website: www.nbsplit.com