TORONTO, ONTARIO–(Marketwired – Nov. 20, 2017) – Financial 15 Split Corp. (“Financial 15”) declares its regular monthly distribution of {$content}.12570 for each Class A share (.51 annually) and {$content}.04375 for each Preferred share ({$content}.525 annually). Distributions are payable December 8, 2017 to shareholders on record as at November 30, 2017.
Since inception Class A shareholders have received a total of .26 per share and Preferred shareholders have received a total of .37 per share inclusive of this distribution, for a combined total of .64.
Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.
Distribution Details | |
Class A Share (FTN) | {$content}.12570 |
Preferred Share (FTN.PR.A) | {$content}.04375 |
Ex-Dividend Date: | November 29, 2017 |
Record Date: | November 30, 2017 |
Payable Date: | December 8, 2017 |