Infrastructure Dividend Split Corp. Declares C$0.18 Quarterly Distribution

Infrastructure Dividend Split Corp. declared a C$0.18 quarterly distribution for preferred shareholders, with a Nov. 13 payment date and an Oct. 31 record date for eligibility. The fund announced the distributions Oct. 23. Class A shareholders are due C$0.15 per share for October; both share classes have the same record and payment dates. The fund’s Class A shares trade as IS, while its preferred shares trade as IS.PR.A, on the Toronto Stock Exchange. Class A distributions are monthly, and preferred distributions are quarterly. The prospectus sets the preferred distribution at C$0.18 per quarter through April 30, 2029.

Source: TokenPost