TORONTO, April 03, 2019 (GLOBE NEWSWIRE) -- (TSX: SBN; SBN.PR.A) S Split Corp. has declared a monthly distribution, payable on April 30, 2019 to shareholders of record on April 15, 2019. Due to the decline in the net asset value (“NAV”) per unit below $16.50, the Company has suspended distributions on its Class A Shares in accordance with the Articles of Incorporation. The NAV per Unit on March 29, 2019 was $16.19.
| Share Class | Ticker | Amount Per Share |
| Class A Shares | SBN | $0.00000 |
| Preferred Shares | SBN.PR.A | $0.04375 |
To the extent that any portions of the distributions are ordinary taxable dividends and not capital gain dividends, they are eligible dividends.
For further information, please contact Investor Relations at 416.681.3966, toll free at 1.800.725.7172, email at info@strathbridge.com or visit www.strathbridge.com.
| John Germain, Senior Vice-President & CFO | Strathbridge Asset Management Inc. 121 King Street West Suite 2600 Toronto, Ontario M5H 3T9 |