Source: GlobalNewswire

Press Release: Timbercreek : Big 8 Split Inc. Announces Quarterly Dividends on Class D Preferred Shares

TORONTO, Nov. 22, 2018 (GLOBE NEWSWIRE) -- Big 8 Split Inc. (the "Company") announced today that it has declared a quarterly dividend of $0.1125 per Class D Preferred Share. In addition, a quarterly dividend on its Class D Capital Shares was declared of $0.60 per Class D Capital Share. In anticipation of the final redemption of the Class D Capital Shares on December 14, 2018, for this final dividend the Company has determined to increase the amount of the dividend payable in order to attempt to increase the overall after-tax proceeds for holders of Class D Capital Shares who expect to continue to hold their shares until the final redemption date. The dividends on the Class D Preferred Shares and the Class D Capital Shares are payable on December 14, 2018 to holders of record on November 30, 2018.

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Blair Tamblyn's photo - Co-Founder & CEO of Timbercreek Asset Management Inc.

Co-Founder & CEO

Blair Tamblyn

CEO Approval Rating

70/100

Timbercreek provides managed, risk-averse investment opportunities for retail and institutional investors. Read more