Stock Name: SCI.UN
Amount: CAD 0.043
Announcement Date: 15/09/2011
Record Date: 26/09/2011
Dividend Detail:
TORONTO, Sept. 15, 2011 /CNW/ - The Board of Directors of SCITI ROCS
Limited in its capacity as Trustee for SCITI ROCS Trust (the "Trust")
has declared a cash distribution of $0.043 per Trust Unit.
Record and payment dates are as follows:
Record Date | Payment Date | Distribution Amount/Trust Unit |
September 30, 2011 | October 14, 2011 | $0.043 |
Unitholders are entitled to receive monthly distributions as declared by
the Trustee of the Trust. The Trustee generally intends to declare and
pay monthly distributions to the extent of forecasted distributions to
be received for a calendar quarter from the underlying portfolio, less
the estimated operating expenses for the period.
The Trust is an investment trust whose investment portfolio consists of
income funds, corporations and other entities that reflect the makeup
of the 50 highest yielding members of the Scotia High Yielding Equity
Index on an approximately equal weight basis subject to a maximum
weighting in any one sector of 25% in order to provide unitholders with
a diversified and high yielding portfolio.
The units and warrants of the Trust are listed for trading on The
Toronto Stock Exchange under the symbol SCI.UN and SCI.WT respectively.
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