Business News
FP Newspapers Income Fund Announces Monthly Distribution-July 2009
Wednesday 22. July 2009 - July 21, 2009) - FP Newspapers Income Fund (TSX:FP.UN) today announced a distribution of 9.50 cents per unit for the month of July 2009, to unitholders of record on July 31, 2009. The distribution will be paid August 28, 2009.
The Fund owns securities entitling it to 49% of the distributable cash of FP Canadian Newspapers Limited Partnership. The Fund’s policy is for unitholders of record on the last business day of a calendar month to receive distributions on or before the last day of the following 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.
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