Davis + Henderson Income Fund Announces Increased Distribution for November 2007
TORONTO, Nov 19, 2007 (Canada NewsWire via COMTEX News Network) — Davis + Henderson Income Fund (TSX: DHF.UN) announced today a cash distribution of $0.1430 per unit (equivalent to $1.72 on an annualized basis), for the month of November 2007. This is an 8.3% increase over the October distribution of $0.1320 per unit (equivalent to $1.58 on an annualized basis). The November distribution is payable on December 31, 2007 to unitholders of record at the close of business on November 30, 2007.
Davis + Henderson Income Fund’s policy is to pay monthly distributions to unitholders of record on the last business day of each month.
Holders of units who are non-residents of Canada will be required to pay all withholding taxes payable in respect of any distributions of income by the Fund.
Davis + Henderson and its predecessors have been serving the Canadian financial services industry since 1875. Through integrated service offerings, Davis + Henderson is a market leader in providing programs to customers who offer chequing account and lending services within Canada. Davis + Henderson Income Fund is listed on the Toronto Stock Exchange, symbol DHF.UN.
Further information can be found in the disclosure documents filed by Davis + Henderson Income Fund with the securities regulatory authorities, available at www.sedar.com.
SOURCE: Davis + Henderson Income Fund
Robert Cronin, Chief Executive Officer, Davis + Henderson, Limited Partnership,
Tel: (416) 696-7700; Catherine Martin, Chief Financial Officer, Davis + Henderson,
Limited Partnership, Tel: (416) 696-7700; Website: www.dhltd.com