An anonymous director reports
FINANCIAL 15 SPLIT CORP. - REGULAR MONTHLY DIVIDEND DECLARATION FOR CLASS AA & PREFERRED SHARE
Financial 15 Split Corp. has declared its regular monthly distribution of 12.57 cents for each Class A share ($1.51 annually) and 4.583 cents for each preferred share (55 cents annually). Distributions are payable July 10, 2018, to shareholders on record as at June 29, 2018.
Since inception, Class A shareholders have received a total of $18.14 per share and preferred shareholders have received a total of $7.69 per share, inclusive of this distribution, for a combined total of $25.84.
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, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corp., Sun Life Financial Inc., Great-West Lifeco Inc., 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): 12.57 cents
Preferred share (FTN.PR.A): 4.583 cents
Ex dividend date: June 28, 2018
Record date: June 29, 2018
Payable date: July 10, 2018
© 2024 Canjex Publishing Ltd. All rights reserved.