TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (“Financial 15”) declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annualized) and $0.07083 for each Preferred share ($0.850 annually). Distributions are payable February 10, 2025 to shareholders on record as at January 31, 2025.
Since inception Class A shareholders have received a total of $26.69 per share and Preferred shareholders have received a total of $12.19 per share inclusive of this distribution, for a combined total of $38.88.
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 | Â |
| Class A Share (FTN) | $0.12570 |
| Preferred Share (FTN.PR.A) | $0.07083 |
| Record Date: | January 31, 2025 |
| Payable Date: | February 10, 2025 |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.financial15.com | [email protected] |
