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

TORONTO, ONTARIO--(Marketwired - Nov. 15, 2016) - North American Financial 15 Split Corp. (the "Company") declares its regular monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable December 9, 2016 to shareholders on record as at November 30, 2016.

Since inception Class A shareholders have received a total of $10.15 per share and Preferred shareholders have received a total of $6.37 per share inclusive of this distribution, for a combined total of $16.52.

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.