CAD 0.0478 per share is the cash dividend IVLIF has declared, with both the ex-dividend date and the record date fixed at July 30, 2026, and the payment date set for August 10, 2026. The declared schedule is monthly. At that per-period rate, the annualized declared run-rate calculates to CAD 0.5736 per share (0.0478 multiplied by 12). That annualized figure is a run-rate projection derived from the disclosed monthly amount, not a separately stated annual figure.
Dates and the qualifying window
July 30, 2026 carries double duty as both the ex-dividend date and the record date. A shareholder who holds shares before that date and appears on the register as of July 30 is entitled to this payment. Any investor who purchases shares on July 30 or after falls outside the qualifying window and will not receive the distribution.
Cash follows on August 10, 2026, eleven calendar days after the record date. The form of payment is cash. The disclosure does not indicate a reinvestment or in-kind alternative.
Monthly cadence and the per-period figure
IVLIF has characterized the dividend as a monthly declared payment. If the per-period rate of CAD 0.0478 holds, shareholders on record each month receive that amount per share. The company has stated no adjustment to the rate for this payment.
No share count appears in the corporate action disclosure. Aggregate cash outlay is therefore not calculable from the information provided. The declared per-share figure of CAD 0.0478, payable August 10, is what stands on the record.