Business
CIX Split Corp. Announces Distribution for Month Ending March 31, 2008
TSX Symbol: CXC, CXC.PR.A TORONTO, March 3 /CNW/ - CIX Split Corp. (the "Corporation") announced ...
About this update from Cmx Gold & Silver Corp
[{"type":"text","content":"\n\n\n\nTSX Symbol: CXC, CXC.PR.A\n\n\nTORONTO, March 3 /CNW/ - CIX Split Corp. (the "Corporation") announced\ntoday a distribution for the month ending March 31, 2008 of $0.04167 per\nPriority Equity Share and $0.07 per Class A Share payable on March 31, 2008 to\nunitholders of record as at March 15, 2008. The reduction in the distribution\nis due to a reduction in the distribution of CI Financial Income Fund from\n$0.19 to $0.16 per unit of CI Financial Income Fund.\n\n\nThe Corporation's investment objectives for the Priority Equity Shares\nare to provide shareholders with tax-efficient fixed cumulative preferential\nmonthly cash distributions in the amount of $0.04167 per Priority Equity Share\nto yield approximately 5.0% per annum on the original issue price and on or\nabout January 31, 2011 to pay to the holders of Priority Equity Shares the\noriginal issue price of the Priority Equity shares.\n\n\nThe Corporation's investment objectives for the Class A Shares are to\nprovide holders of Class A Shares with regular tax-efficient monthly cash\ndistributions targeted to be $0.0875 per Class A Share to yield 7.0% per annum\non the original issue price and on or about January 31, 2011, to pay to the\nholders of Class A Shares at least the original issue price of the Class A\nShares.\n\n\nThe Corporation's Priority Equity Shares and Class A Shares are listed on\nthe Toronto Stock Exchange under the symbol CXC.PR.A and CXC respectively.\n\n\n","length":1518,"tagName":"div"}]