Business
August 2007 Cash Distribution and Upcoming Events
August 2007 Cash Distribution and Upcoming Events.
About this update from Superior Plus Corp
[{"type":"text","content":"\n\n\n\nTSX:SPF.UN\n\n\nCALGARY, Aug. 8 /CNW/ -\n\n\nAugust 2007 Cash Distribution - $0.13 per Trust Unit\n\n\n----------------------------------------------------\n\n\nSuperior Plus Income Fund (the "Fund") today announced its cash\ndistribution for the month of August 2007 of $0.13 per trust unit payable on\nSeptember 14, 2007. The record date is August 31, 2007 and the ex-distribution\ndate will be August 29, 2007. The Fund's current annualized cash distribution\nrate is $1.56 per trust unit.\n\n\nFor income tax purposes, the income from the August, 2007 cash\ndistribution of $0.13 per trust unit is considered to be other income. A\nsummary of cash distributions since inception and tax information is posted\nunder the Investor Information section of Superior's website at\nwww.superiorplus.com.\n\n\n2007 Second Quarter Results Conference Call\n\n\n-------------------------------------------\n\n\nThe fund expects to release its 2007 second quarter results on August 8,\n2007. A conference call and webcast for investors, analysts, brokers and media\nrepresentatives to discuss the 2007 second quarter results is scheduled for\n9:30 a.m. EST (7:30 a.m. MST) on Thursday, August 9, 2007. To participate in\nthe call, dial: 1-800-587-1893. An archived recording of the call will be\navailable for replay until midnight, August 16, 2007. To access the recording,\ndial: 1-877-289-8525 and enter the pass code 21241309 followed by the No. key.\nInternet users can listen to the call live, or as an archived call, on\nSuperior's website at: www.superiorplus.com under the Events and Presentations\nsection.\n\n\nDRIP\n\n\n----\n\n\nThe Fund has a Distribution Reinvestment Plan ("DRIP") available to its\nUnitholders. The DRIP allows participants to have their monthly cash\ndistributions reinvested in additional units of the Fund at an effective\ndiscount of 5% to the Fund's market price. The DRIP program offers Unitholders\nthe opportunity to steadily increase their ownership in the Fund without\ncommissions or brokerage fees. Further information on the DRIP is posted on\nthe Fund's website. Unitholders whose units are registered in the name of an\ninvestment banker, stockbroker, bank, trust company or other nominee should\ncontact such nominee if they wish to enrol in the plan.\n\n\nAbout Superior Plus and the Fund\n\n\n-------...