TORONTO, Jan. 20, 2025 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (The “Company”) declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.07292 for each Preferred share ($0.875 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 $17.40 per share and Preferred shareholders have received a total of $11.76 per share inclusive of this distribution, for a combined total of $29.17.Â
The Company 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 | Â |
| Class A Share (FFN) | $0.11335 |
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| Preferred Share (FFN.PR.A) | $0.07292 |
| Â | Â |
| Record Date: | January 31, 2025 |
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| Payable Date: | February 10, 2025 |
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| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.financial15.com | [email protected]Â |
