International Clean Power Dividend Fund Announces Distributions and Confirms Redemption Effective Date of March 27, 2024
22 Gennaio 2024 - 11:38PM
International Clean Power Dividend Fund (TSX: CLP.UN) (the “Fund”)
is pleased to announce that distributions for the first quarter of
2024 will be payable to unitholders of International Clean Power
Dividend Fund as follows:
Record Date |
Payable Date |
Distribution PerTrust Unit |
January 31, 2024 |
February 15, 2024 |
$0.04167 |
February 29, 2024 |
March 15, 2024 |
$0.04167 |
March 31, 2024 |
April 15, 2024 |
$0.04167 |
On January 10, 2024, the Fund issued a press
release (the “Press Release”) announcing its intention to merge
into Infrastructure Dividend Split Corp. (the “Merger”), a split
share corporation to be formed in connection with the Merger. Prior
to the Merger, unitholders of the Fund will have the right to
redeem their Fund units in accordance with the Fund’s Declaration
of Trust with an effective redemption date as of March 27, 2024
(the “Redemption Date”). The Press Release incorrectly referred to
the Redemption Date as being March 28, 2024. Unitholders who
participate in the redemption will not be eligible for the
distribution payable on April 15, 2024.
The trust units trade on the Toronto
Stock Exchange under the symbol CLP.UN.
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This press release contains forward-looking
information. The forward-looking information contained in this
press release is based on historical information concerning
distributions and dividends paid on the securities of issuers
historically included in the portfolio of the Fund. Actual future
results, including the amount of distributions paid by the Fund,
may differ from the monthly distribution amount. Specifically, the
income from which distributions are paid may vary significantly due
to: changes in portfolio composition; changes in distributions and
dividends paid by issuers of securities included in the Fund’s
portfolio from time to time; there being no assurance that those
issuers will pay distributions or dividends on their securities;
the declaration of distributions and dividends by issuers of
securities included in the portfolio will generally depend upon
various factors, including the financial condition of each issuer
and general economic and stock market conditions; the level of
borrowing by the Fund; and the uncertainty of realizing capital
gains. The risks, uncertainties and other factors that could
influence actual results are described under “Risk Factors” in the
Fund’s prospectus and other documents filed by the Fund with the
Canadian securities regulatory authorities. The forward-looking
information contained in this press release constitutes the Fund’s
current estimate, as of the date of this press release, with
respect to the matters covered hereby. Investors and others should
not assume that any forward-looking statement contained in this
press release represents the Fund's estimate as of any date other
than the date of this press release.
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