02:01 PM EDT, 05/21/2025 (MT Newswires) -- Income Financial Trust (INC-UN.TO) on Wednesday declared its monthly distribution of $0.06642 per unit, payable on June 10, to unit holders on record as at May 30.
Under its distribution policy, monthly distribution is determined by applying a 10% annualized rate on the volume weighted average market price (VWAP) of its units over the last three trading days of the preceding month and due to that reason, holders of record on May 30, will receive a dividend of $0.06642 per unit based on the VWAP of $7.97 payable on June 10.
The company's dividend in the prior month was $0.06708 per unit.
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