(Source: MARKETWIRE)
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 August 10, 2009 to shareholders on record as of July 31, 2009.
To date, Equity Dividend shareholders have received 105 monthly distributions for a total of $15.40 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: July 29, 2009 Record Date: July 31, 2009 Payable Date: August 10, 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
SOURCE: Financial Services Income STREAMS
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