Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share
September 18 2020 - 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 October 9, 2020 to
shareholders on record as at September 30, 2020.
There will not be a distribution paid to the Class A Shares for
September 30, 2020 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
$20.40 per share and Preferred shareholders have received a total
of $8.93 per share inclusive of this distribution, for a combined
total of $29.34.
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: |
September 29, 2020 |
Record Date: |
September 30, 2020 |
Payable Date: |
October 9, 2020 |
Investor Relations: 1-877-478-2372 Local: 416-304-4443
www.financial15.com info@quadravest.com
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