Business and Finance Week
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Montgomery Street Income Securities, Inc.
Montgomery Street Income Securities, Inc. Announces Distribution
May 5th, 2008
Montgomery Street Income Securities, Inc. (NYSE: MTS) (the "Fund") declared a dividend of $0.26 per share. The dividend is payable on April 30, 2008 to stockholders of record at the close of business on April 21, 2008. The ex-date will be April 17, 2008.
Approximately $0.01 of the distribution is from income related to differences between generally accepted accounting principles and the tax accounting methods utilized by the Fund. It is anticipated that substantially all of the distributions paid in 2008 will be distributions from ordinary income for tax purposes. The actual sources of distributions will be reported to stockholders in January 2009 on Form 1099-DIV. In the...
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Source: Business and Finance Week (2008-05-05)