TORONTO, ONTARIO--(Marketwired - Feb. 11, 2014) - Big 8 Split Inc. (TSX:BIG.D) (TSX:BIG.PR.D) announced today that it has declared its initial quarterly dividends of $0.1125 per Class D Preferred Share and $0.0475 per Class D Capital Share. The Class D Capital Share dividend has been set based on the current level of dividend income from the investment in Portfolio Shares. The dividends on the Class D Preferred Shares and Class D Capital Shares are all payable on March 14, 2014 to holders of record on February 28, 2014.
Big 8 Split was established to generate dividend income for the Preferred Shares while providing holders of the Capital Shares, with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, The Toronto-Dominion Bank, Great-West Lifeco Inc., Manulife Financial Corporation, and Sun Life Financial Inc. Information concerning Big 8 Split Inc. is available on our website at www.tdsponsoredcompanies.com.
The Class D Capital Shares and the Class D Preferred Shares of Big 8 Split are listed on the Toronto Stock Exchange under the symbols BIG.D, and BIG.pr.D respectively.
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Big 8 Split Inc.
Source: Big 8 Split Inc.