{"id":47348,"date":"2024-09-17T08:47:17","date_gmt":"2024-09-17T13:47:17","guid":{"rendered":"https:\/\/prefblog.com\/?p=47348"},"modified":"2024-09-17T08:47:17","modified_gmt":"2024-09-17T13:47:17","slug":"sbn-pr-a-no-september-dividend-but-will-receive-pgic-dividend","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=47348","title":{"rendered":"SBN.PR.A: No September Dividend, But Will Receive PGIC Dividend"},"content":{"rendered":"<p>A little bit of fussy news here, in connection with the post relaying the news that <a href=\"https:\/\/prefblog.com\/?p=47337\">SBN.PR.A &#038; TXT.PR.A Merge Into PGIC, PGIC.PR.A<\/a>.<\/p>\n<p>I sent the following eMail to Mulvihill:<\/p>\n<blockquote><p>Has a September dividend been declared for SBN.PR.A or has this distribution been cancelled due to the merger?<\/p>\n<p>If a dividend has been declared, what is the amount, record- and pay-date?<\/p><\/blockquote>\n<p>With commendable promptness and clarity they have replied:<\/p>\n<blockquote><p>The S Split Corp. September preferred share distribution was not declared.<\/p>\n<p>I&#8217;ll add that holders of the Premium Global Income Split Corp as of the record date September 16, 2024 will be entitled to the monthly distribution payable September 27, 2024<br \/>\nThe announcement is available on our fund page and a link is provided here:<\/p>\n<p><a href=\"https:\/\/mulvihill.com\/pr\/PGIC\/PGIC_20240903_194949.pdf\">https:\/\/mulvihill.com\/pr\/PGIC\/PGIC_20240903_194949.pdf<\/a><\/p>\n<p>September 13, 2024 we announced the results of the merger ration from S Split Corp int Premium Global Income Split Corp.<\/p>\n<p>A link to the release is included for your review.<\/p>\n<p><a href=\"https:\/\/mulvihill.com\/pr\/SBN\/SBN_20240913_100318.pdf\">https:\/\/mulvihill.com\/pr\/SBN\/SBN_20240913_100318.pdf<\/a><\/p>\n<p>Holders of Class A Shares of SBN will receive 0.373815 Class A Shares of Premium Global for each Class A Share held.<\/p>\n<p>Holders of Preferred Shares of SBN will receive 0.743873 Preferred Shares and 0.330689 Class A Shares for each Preferred Share held.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>A little bit of fussy news here, in connection with the post relaying the news that SBN.PR.A &#038; TXT.PR.A Merge Into PGIC, PGIC.PR.A. I sent the following eMail to Mulvihill: Has a September dividend been &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-47348","post","type-post","status-publish","format-standard","hentry","category-issue-comments"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47348"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/47348\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}