North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share
September 20 2022 - 9:00AM
North American Financial 15 Split Corp. (The "Company") declares
its regular monthly distribution of $0.05625 for each Preferred
share ($0.675 annually). Distributions are payable October 7, 2022
to shareholders on record as at September 30, 2022.
There will not be a distribution paid to the
Class A Shares for September 30, 2022 as per the Prospectus which
states no regular monthly dividends will be paid on the Class A
shares in any month as long as the net asset value per unit is
equal to or less than $15.00.
Since inception Class A shareholders have
received a total of $15.70 per share and Preferred shareholders
have received a total of $9.78 per share inclusive of this
distribution, for a combined total of $25.48.
The Company 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 |
|
Preferred Share (FFN.PR.A) |
$0.05625 |
Record Date: |
September 30, 2022 |
Payable
Date: |
October 7, 2022 |
|
|
Investor Relations: 1-877-478-2372Local:
416-304-4443www.financial15.cominfo@quadravest.com
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