TORONTO, ONTARIO–(Marketwired – Nov. 15, 2016) – 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 December 9, 2016 to shareholders on record as at November 30, 2016.
Since inception Class A shareholders have received a total of $15.75 per share and Preferred shareholders have received a total of $6.85 per share inclusive of this distribution, for a combined total of $22.60.
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: | November 28, 2016 | |
| Record Date: | November 30, 2016 | |
| Payable Date: | December 9, 2016 |
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Local: 416-304-4443
info@quadravest.com
www.financial15.com