Split Yield Corporation
TSX : YLD.PR.A
TSX : YLD.PR.B

Split Yield Corporation

October 18, 2006 09:00 ET

Split Yield Corporation: Regular Quarterly Dividends for Class I and Class II Preferred Shares

TORONTO, ONTARIO--(CCNMatthews - Oct. 18, 2006) - The Board of Directors of Split Yield declares regular quarterly distributions of $0.2750 for each Class I Preferred Share and $0.2625 for each Class II Preferred Share payable October 31, 2006 to shareholders of record on that date.

Since inception Class I Preferred shareholders have received a total of $9.39 per share, Class II Preferred shareholders have received a total of $8.97 per share.

Split Yield Corporation is an actively managed mutual fund corporation that invests primarily in common shares of companies included in the TSX 100 Index and the S&P 100 Index. To generate additional returns above the dividend income earned in the portfolio, the Corporation will from time to time write covered call options in respect to all or part of the common shares in the portfolio.



Preferred Distribution Details:

Dividend per Class I Preferred Share: (YLD.PR.A) $ 0.2750

Dividend per Class II Preferred Share: (YLD.PR.B) $ 0.2625

Payable Date: October 31, 2006

Record Date: October 31, 2006

Ex-Dividend Date: October 27, 2006


Contact Information

  • Split Yield Corporation
    Investor Relations
    (416) 304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
    Website: www.quadravest.com