Financial Services Income STREAMS: Monthly Distribution Declared for Equity Dividend Share
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TORONTO, ONTARIO, Apr 20 (MARKET WIRE) --
The Board of Directors of Financial Services Income STREAMS ("FSI
STREAMS") declares its regular monthly distribution of $0.1458 per Equity
Dividend share (TSX: STR.E). Distributions are payable May 8, 2009 to
shareholders on record as of April 30, 2009.
To date, Equity Dividend shareholders have received 102 monthly
distributions for a total of $14.97 per share, inclusive of this
distribution.
The managed portfolio (the managed portion of the assets of FSI STREAMS
not subject to the repayment forward contract) is invested in a
diversified portfolio of North American financial services stocks
selected from the three major North American Financial services indices.
The three indices are the TSX Financial Services Index, the S&P
Financials Index and the S&P Midcap Financial Index. The managed
portfolio can also invest up to 20% in non financial service companies
selected from the TSX 300 Index and the S&P 500 Index. To provide
additional returns above the dividend and interest income earned on the
managed portfolio, a covered call writing program generates option
premium income on stocks held in the portfolio.
Distribution Details:
Distribution per Equity Dividend Share (STR.E) $ 0.1458
Ex-Dividend Date: April 28, 2009
Record Date: April 30, 2009
Payable Date: May 8, 2009
Contacts:
Financial Services Income STREAMS
Investor Relations
416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
www.quadravest.com
Copyright 2009, Market Wire, All rights reserved.
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