Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share
August 22 2019 - 4:00PM
Financial 15 Split Corp. ("Financial 15") declares its regular
monthly distribution of $0.04583 for each Preferred share ($0.550
annually). Distributions are payable September 10, 2019 to
shareholders on record as at August 30, 2019.
There will not be a distribution paid to the
Class A Shares for August 30, 2019 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 $19.65 per share and Preferred
shareholders have received a total of $8.34 per share inclusive of
this distribution, for a combined total of $27.99.
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 |
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Preferred Share (FTN.PR.A) |
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$0.04583 |
Ex-Dividend Date: |
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August 29, 2019 |
Record Date: |
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August 30, 2019 |
Payable Date: |
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September 10, 2019 |
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Investor Relations:
1‐877‐478‐2372
Local:
416‐304‐4443
www.financial15.com
info@quadravest.com
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