M Split Corp. has declared its monthly dividend payment of $0.03125 per share for holders of both Class I and Class II Preferred Shares. The distribution maintains the fund's annual dividend yield of 7.50%, calculated based on the $5 notional issue price per share. Shareholders of record as of February 27, 2026, will receive payment on March 10, 2026.
The fund, which focuses its investment portfolio on common shares of Manulife Financial Corporation, has structured its preferred share distributions to provide consistent monthly income to investors. The declared monthly amount aligns with the fund's established dividend policy, delivering approximately $0.375 in annual distributions per preferred share.
This dividend declaration demonstrates the fund's commitment to maintaining regular distributions to preferred shareholders despite prevailing market conditions. The predictable monthly payment schedule offers income-focused investors visibility into their expected cash flows from the investment.