Financial 15 Split Corp.

Financial 15 Split Corp.

July 19, 2017 09:00 ET

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

TORONTO, ONTARIO--(Marketwired - July 19, 2017) - Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable August 10, 2017 to shareholders on record as at July 31, 2017.

Since inception Class A shareholders have received a total of $16.76 per share and Preferred shareholders have received a total of $7.20 per share inclusive of this distribution, for a combined total of $23.96.

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) $0.04375
Ex-Dividend Date: July 27, 2017
Record Date: July 31, 2017
Payable Date: August 10, 2017

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