Star Portfolio Corp.

Star Portfolio Corp.

April 17, 2014 08:30 ET

Star Portfolio Corp. Announces Monthly Distribution and Special Distribution for Star Yield Managers Class

TORONTO, ONTARIO--(Marketwired - April 17, 2014) - Star Portfolio Corp. (TSX:XYM) announced today its regular monthly distribution for April and a special distribution for Star Yield Managers Class. Shareholders of record at the close of business on April 30, 2014 will receive the regular monthly distribution for the month of April of $0.05 per share (the "Regular Monthly Distribution") and a special distribution of $0.040888 per share (the "Special Distribution" and together with the Regular Monthly Distribution, the "April Distributions"). The April Distributions will be payable in the form of dividend on or about May 14, 2014. The dividend has been designated by Star Portfolio Corp. to be an "eligible dividend" for the purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation.

Please consult with your own tax advisor for advice with respect to the income tax consequences to you of Star Portfolio Corp. designating dividends paid on its shares as "eligible dividends".

Further information about Star Yield Managers Class and the Eligible Dividend Designation can be found at under "Closed-End Funds".

Contact Information

  • BMO Capital Markets