MBN Corporation Announces Quarterly Dividend

MBN Corporation Announces Quarterly Dividend

Canada NewsWire

CALGARY, Oct. 19, 2018

CALGARY, Oct. 19, 2018 /CNW/ - MBN Corporation is pleased to announce the fourth quarter dividend payable to shareholders of MBN Corporation as follows:

 

Record Date|

 

Payable Date

Dividend Per Equity

Share

December 31, 2018

January 15, 2019

$0.08

 

The dividends will be designated as "eligible dividends" for Canadian income tax purposes.

The equity shares trade on the Toronto Stock Exchange under the symbol MBN.

Middlefield Group

Formed in 1979, Middlefield creates and manages specialized investment products for individual and institutional investors and has assets under management of approximately $4 billion. Investment products include mutual funds, closed-end funds, private and public resource funds, real estate funds and a venture capital fund.

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 MBN. Actual future results, including the amount of distributions paid by MBN, may differ from the quarterly 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 MBN'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 MBN; and the uncertainty of realizing capital gains.  An investment fund must prepare disclosure documents that contain key information about MBN.  You can find more detailed information about a fund in the public filings available at www.sedar.com. The forward-looking information contained in this press release constitutes MBN'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 MBN's estimate as of any date other than the date of this press release.

SOURCE MBN Corporation

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