North American Financial 15 Split Corp.
TSX : FFN
TSX : FFN.PR.A

May 20, 2015 16:00 ET

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

TORONTO, ONTARIO--(Marketwired - May 20, 2015) - North American Financial 15 Split Corp. (the "Company") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable June 10, 2015 to shareholders on record as at May 29, 2015.

Since inception Class A shareholders have received a total of $8.85 per share (including one special distribution of $0.25 per share) and Preferred shareholders have received a total of $5.58 per share inclusive of this distribution, for a combined total of $14.43.

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:
Class A Share (FFN) $0.10000
Preferred Share (FFN.PR.A) $0.04375
Ex-Dividend Date: May 27, 2015
Record Date: May 29, 2015
Payable Date: June 10, 2015

Contact Information

  • Investor Relations
    416-304-4443
    toll free at 1-877-4-Quadra (1-877-478-2372)
    www.financial15.com