5Banc Split Inc. Announces Quarterly Dividends on Class C Preferred Shares and Class B Capital Shares

TORONTO, May 20, 2015 /CNW/ - 5Banc Split Inc. (the "Company") announced today that it has declared a quarterly dividend of $0.11875 per Class C Preferred Share.  In addition a quarterly dividend on its Class B Capital Shares was declared of $0.1425 per Class B Capital Share.  The dividends on both the Class C Preferred Shares and Class B Capital Shares are payable on June 15, 2015 to holders of record on May 29, 2015.

The Company was established to generate dividend income for the Class C Preferred Shares while providing holders of the Class B Capital Shares with a leveraged opportunity to participate in capital appreciation from a portfolio of common shares of Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and The Toronto-Dominion Bank.  Information concerning 5Banc Split Inc. is available on our website at www.timbercreek.com/5banc-split-inc.

The Class B Capital Shares and Class C Preferred Shares of 5Banc Split are listed on the Toronto Stock Exchange under the symbols FBS.B and FBS.pr.C respectively.

SOURCE Timbercreek Asset Management Inc.

Timbercreek Asset Management Inc., Carrie Morris, Investor Relations, [email protected]