Kingsway Linked Return of Capital Trust declares quarterly distribution
TORONTO, June 11 /CNW/ - The Trustees of Kingsway Linked Return of Capital Trust (the "Trust") have today declared a return of capital distribution of $0.3125 per Kingsway Linked Return of Capital Preferred Unit (the "LROC Preferred Units"), payable on June 30, 2010 to holders of record at the close of business on June 29, 2010.
The Trust has been created to provide holders with exposure to a senior note issued by an affiliate of Kingsway Financial Services Inc. Holders of the LROC Preferred Units will receive quarterly distributions of $0.3125 per LROC Preferred Unit representing a yield of 5.00% per annum on the $25.00 per LROC Preferred Unit offering price.
Units are listed for trading on the TSX under the symbol KSP.UN.
%SEDAR: 00022160E
For further information: Investor Relations, Kingsway Linked Return of Capital Trust, (416) 862-3103, E-mail: [email protected], Web site: www.scotiamanagedcompanies.com
Share this article