TORONTO, Oct. 21, 2020 (GLOBE NEWSWIRE) -- M Split Corp. ("M Split") declares its monthly distribution of $0.03125 per share ($0.375 annually) for Class I Preferred shareholders. The Class I Preferred share dividends are paid at an annual rate of 7.50% based on the $5 notional issue price. Distributions are payable November 10, 2020 to shareholders on record as at October 30, 2020.

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

Distribution Details 

Class I Preferred Share (XMF.PR.B)$0.03125
Ex-Dividend Date:October 29, 2020
Record Date:October 30, 2020
Payable Date:November 10, 2020

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