TORONTO, April 18, 2018 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550 annually). Distributions are payable May 10, 2018 to shareholders on record as at April 30, 2018.
Since inception Class A shareholders have received a total of $17.89 per share and Preferred shareholders have received a total of $7.60 per share inclusive of this distribution, for a combined total of $25.49.
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) Preferred Share (FTN.PR.A) Ex-Dividend Date: Record Date: Payable Date: | $0.12570 $0.04583 April 27, 2018 April 30, 2018 May 10, 2018 | |
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