Financial 15 Split Corp.

Financial 15 Split Corp.

September 21, 2017 08:24 ET

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

TORONTO, ONTARIO--(Marketwired - Sept. 21, 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 October 10, 2017 to shareholders on record as at September 29, 2017.

Since inception Class A shareholders have received a total of $17.01 per share and Preferred shareholders have received a total of $7.29 per share inclusive of this distribution, for a combined total of $24.30.

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: September 28, 2017
Record Date: September 29, 2017
Payable Date: October 10, 2017

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