OAKVILLE, ON, Dec. 20, 2017 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") declares the first monthly cash distribution payable for Big Pharma Split Corp. of $0.1031 for each class A share (PRM:TSX) for the month ending December 31, 2017. The distribution is payable January 12, 2017 to class A shareholders of record at the close of business December 29, 2017.

Harvest also declares the first quarterly cash distribution payable to Big Pharma Split Corp. of $0.05163 for each Preferred share (PRM.PR.A:TSX) for the quarter ending December 31, 2017. The first quarterly distribution is pro-rated to reflect the period from the Closing Date of November 24, 2017 to December 31, 2017. The distribution is payable January 12, 2017 to Preferred shareholders of record at the close of business December 29, 2017. Beginning in 2018, holders of record of Preferred shares on the last business day of each March, June, September and December will be entitled to receive fixed, cumulative preferential quarterly cash distributions equal to $0.125 per Preferred Share.

About Harvest Portfolios Group Inc.

Since 2009, Harvest Portfolios Group Inc. ("Harvest"), an independent Canadian investment management company, has been providing Canadian investors access to investment products that generate steady long term income. Harvest managed investment products embrace three investment principles – simplicity, transparency and consistent income – to help investors achieve their investment goals.

You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the TSX. If the shares are purchased or sold on the TSX, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning shares of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. An investment fund must prepare disclosure documents that contain key information about the investment fund. You can find more detailed information about the investment fund in these documents.

SOURCE Harvest Portfolios Group Inc.

Copyright 2017 Canada NewsWire

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