TORONTO, ONTARIO–(Marketwired – Aug. 18, 2017) – Financial 15 Split Corp. (“Financial 15”) declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable September 8, 2017 to shareholders on record as at August 31, 2017.
Since inception Class A shareholders have received a total of $16.88 per share and Preferred shareholders have received a total of $7.24 per share inclusive of this distribution, for a combined total of $24.13.
Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.
| Distribution Details | |
| Class A Share (FTN) | $0.12570 |
| Preferred Share (FTN.PR.A) | $0.04375 |
| Ex-Dividend Date: | August 29, 2017 |
| Record Date: | August 31, 2017 |
| Payable Date: | September 8, 2017 |
