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North American Financial 15 Split Corp
Symbol C : FFN
Shares Issued 18,777,470
Close 2019-09-17 C$ 5.76
Recent Sedar Documents

N.A. Financial to pay monthly distributions Oct. 10

2019-09-18 09:19 ET - News Release

An anonymous director reports

NORTH AMERICAN FINANCIAL 15 SPLIT CORP. REGULAR MONTHLY DIVIDEND DECLARATION FOR CLASS A & PREFERRED SHARE

North American Financial 15 Split Corp. will pay a regular monthly distribution of 10 cents for each Class A share ($1.20 annually) and 4.583 cents for each preferred share (55 cents annually). Distributions are payable on Oct. 10, 2019, to shareholders on record as at Sept. 30, 2019.

Since inception, Class A shareholders have received a total of $13.35 per share and preferred shareholders have received a total of $7.90 per share, inclusive of this distribution, for a combined total of $21.25.

The company invests in a high-quality portfolio consisting of 15 financial services companies made up of Canadian and United States 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 Corp., 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):  10 cents

Preferred share (FFN.PR.A):  4.583 cents

Ex dividend date:  Sept. 27, 2019

Record date:  Sept. 30, 2019

Payable date:  Oct. 10, 2019

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