North American Financial 15 Split Corp. Preferred Share Rate Increase
September 21 2023 - 4:30PM
North American Financial 15 Split Corp. (the “Company”) is pleased
to announce the Preferred Share dividend rate for the fiscal year
beginning December 1, 2023, will increase by 1.75% over the current
rate. Monthly payments to FFN.PR.A will be $0.07917 per share for
an annual yield of 9.50% on their $10 redemption value.
The Company invests in an actively managed, high
quality portfolio consisting of 15 financial services companies
made up of Canadian and U.S. issuers as follows:
Bank of Montreal |
National Bank of Canada |
Bank of America Corp. |
The Bank of Nova Scotia |
Manulife Financial Corporation |
Citigroup Inc. |
Canadian Imperial Bank of Commerce |
Sun Life Financial Inc. |
Goldman Sachs Group Inc. |
Royal Bank of Canada |
Great-West Lifeco Inc. |
JP Morgan Chase & Co. |
The Toronto-Dominion Bank |
CI Financial Corp. |
Wells Fargo & Co. |
For further information, please contact Financial 15 Split
Corp. Investor Relations
atinfo@quadravest.com
416-304-4443 Toll free at 1-877-4-Quadra
(1-877-478-2372) or visit
www.financial15.com |
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