Financial 15 Split Corp.
TSX : FTN
TSX : FTN.PR.A

Financial 15 Split Corp.

June 20, 2016 18:45 ET

Financial 15 Split Corp.: Regular Monthly Dividend Declaration for Class A & Preferred Share

TORONTO, ONTARIO--(Marketwired - June 20, 2016) - Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.1257 for each Class A share ($1.5084 annually) and $0.04375 for each Preferred share ($0.525 annually). The net asset value at the time of declaration was $15.04. Distributions are payable July 8, 2016 to shareholders on record as of June 30, 2016.

Since inception Class A shareholders have received a total of $15.12 per share (including two special distributions totaling $0.50 per share) and Preferred shareholders have received a total of $6.63 per share inclusive of this distribution, for a combined total of $21.75.

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) $0.1257
Preferred Share (FTN.PR.A) $0.04375
Ex-Dividend Date: June 28, 2016
Record Date: June 30, 2016
Payable Date: July 8, 2016

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