Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share
December 19 2018 - 9:00AM
Financial 15 Split Corp. ("Financial 15") declares its regular
monthly distribution of $0.04583 for each Preferred share ($0.550
annually). Distributions are payable January 10, 2019 to
shareholders on record as at December 31, 2018.
There will not be a distribution paid to the Class A Shares for
December 31, 2018 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
$18.77 per share and Preferred shareholders have received a total
of $7.97 per share inclusive of this distribution, for a combined
total of $26.74.
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 |
|
|
|
Preferred Share
(FTN.PR.A) |
$0.04583 |
Ex-Dividend Date: |
December 28,
2018 |
Record
Date: |
December 31,
2018 |
Payable Date: |
January 10,
2019 |
Investor Relations: 1-877-478-2372Local:
416-304-4443www.financial15.cominfo@quadravest.com
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