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TORONTO, ONTARIO–(Marketwired – June 20, 2016) – Financial 15 Split Corp. (“Financial 15”) declares its regular monthly distribution of $0.1257 for each Class A share ($1.5084 annually) and $0.04375 for each Preferred share ($0.525 annually). The net asset value at the time of declaration was $15.04. Distributions are payable July 8, 2016 to shareholders on record as of June 30, 2016.
Since inception Class A shareholders have received a total of $15.12 per share (including two special distributions totaling $0.50 per share) and Preferred shareholders have received a total of $6.63 per share inclusive of this distribution, for a combined total of $21.75.
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) | $0.1257 |
| Preferred Share (FTN.PR.A) | $0.04375 |
| Ex-Dividend Date: | June 28, 2016 |
| Record Date: | June 30, 2016 |
| Payable Date: | July 8, 2016 |
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Investor Relations:
1-877-478-2372
Local: 416-304-4443
www.financial15.com
info@quadravest.com
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Mon, 20 Jun 2016 22:45:23 GMT