Versacold Income Fund announced a regular cash distribution of $0.08333 per unit for the month ending June 30, 2007, payable July 16, 2007 to unitholders
July 1, 2007
Versacold Income Fund announced a regular cash distribution of $0.08333 per unit for the month ending June 30, 2007, payable July 16, 2007 to unitholders of record at the close of business June 29, 2007. This is the fund's 65th consecutive monthly cash distribution since inception.
The fund was launched in February 2002 with an issue price of $8.50 per unit. Based on annualized distributions equal to $1.00 per unit and the June 15, 2007, closing market price of $12.17, the fund's units currently yield an annualized cash return of 8.22%.
Versacold is a leading public refrigerated warehousing company with 72 facilities in the United States, Canada, Australia, New Zealand, and Argentina.
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