US Financial 15 Split Corp.

US Financial 15 Split Corp.

November 18, 2011 09:00 ET

US Financial 15 Split Corp.: Preferred Dividend Declared

TORONTO, ONTARIO--(Marketwire - Nov. 18, 2011) - US Financial 15 Split Corp. ("US Financial 15") declares its regular monthly distribution of $0.04375 for each Preferred share ($0.525 annually). Dividends are payable on December 9, 2011 to Preferred shareholders on record as at November 30, 2011.

US Financial 15 invests in a high quality portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo. Shares held within the Portfolio are expected to range between 4-8% in weight but may vary from time to time. A covered call writing program is utilized to supplement the dividend income in the portfolio.

Distribution Details:
Preferred Share (FTU.PR.A): $0.04375
Ex-Dividend Date: November 28, 2011
Record Date: November 30, 2011
Payable Date: December 9, 2011

Contact Information

  • US Financial 15 Split Corp.
    Investor Relations
    416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)