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Superior Plus Income Fund - May 2007 Cash Distribution and Upcoming Events
Superior Plus Income Fund - May 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, May 8 /CNW/ -\n\n\nMay 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 May 2007 of $0.13 per trust unit payable on\nJune 15, 2007. The record date is May 31, 2007 and the ex-distribution date\nwill be May 29, 2007. The Fund's current annualized cash distribution rate is\n$1.56 per trust unit.\n\n\nFor income tax purposes, the income from the May, 2007 cash distribution\nof $0.13 per trust unit is considered to be other income. A summary of cash\ndistributions since inception and tax information is posted under the Investor\nInformation section of Superior's website at www.superiorplus.com.\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 Superior Plus Income Fund at\nan effective discount of 5% to the Fund's market price. The DRIP program\noffers Unitholders the opportunity to steadily increase their ownership in\nSuperior Plus without commissions or brokerage fees. Further information on\nthe DRIP is posted on the Fund's website. Unitholders whose units are\nregistered in the name of an investment banker, stockbroker, bank, trust\ncompany or other nominee should contact such nominee if they wish to enrol in\nthe plan.\n\n\nAnnual General Meeting of Unitholders\n\n\n-------------------------------------\n\n\nThe Fund's Annual Meeting will be held in the Strand/Tivoli Room of the\nMetropolitan Centre, 333 - 4 Avenue SW, Calgary, Alberta at 2:00 pm (MST) on\nTuesday, May 8, 2007. A live audio webcast of the meeting including a\ncorporate presentation can be accessed from Superior Plus' website:\nwww.superiorplus.com.\n\n\n2007 First Quarter Results Conference Call\n\n\n------------------------------------------\n\n\nThe fund expects to release its 2007 first quarter results on May 8,\n2007. A conference call and webcast for investors, analysts, brokers and media\nrepresentatives to discuss the 2007 first quarter results is scheduled for\n9:30 a.m. EST (7:30 a.m. MST) on Wednesday, May 9, 2007. To participate in the\ncall, dial: 1-800-733-7571. A recording of the c...