An anonymous director reports
FINANCIAL 15 SPLIT CORP. REGULAR MONTHLY DIVIDEND DECLARATION FOR CLASS A & 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 Oct. 10, 2019, to shareholders on record as at Sept. 30, 2019.
Since inception Class A shareholders have received a total of $19.78 per share and preferred shareholders have received a total of $8.38 per share, inclusive of this distribution, for a combined total of $28.16.
Financial 15 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.
Class A share: 12.57 cents
Preferred share: 4.583
Ex dividend date: Sept. 27, 2019
Record date: Sept. 30, 2019
Payable date: Oct. 10, 2019
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