TORONTO, Oct. 18, 2024 (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 $0.07708 for each Preferred share ($0.925 annually). Distributions are payable November 8, 2024 to shareholders on record as at October 31, 2024.
Since inception Class A shareholders have received a total of $26.31 per share and Preferred shareholders have received a total of $11.97 per share inclusive of this distribution, for a combined total of $38.28.
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 | |
| Class A Share (FTN) | $0.12570 |
| Preferred Share (FTN.PR.A) | $0.07708 |
| Record Date: | October 31, 2024 |
| Payable Date: | November 8, 2024 |
Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.financial15.com
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