An anonymous director reports
NORTH AMERICAN FINANCIAL 15 SPLIT CORP. MONTHLY DIVIDEND DECLARATION FOR CLASS A & PREFERRED SHARE
North American Financial 15 Split Corp. has declared its regular monthly distribution of 11.335 cents for each Class A share ($1.3602 annualized) and 5.625 cents for each preferred share (67.5 cents annually). Distributions are payable Jan. 10, 2022, to shareholders on record as at Dec. 31, 2021.
Since inception, Class A shareholders have received a total of $15.25 per share and preferred shareholders have received a total of $9.27 per share, inclusive of this distribution, for a combined total of $24.52.
The company 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 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 (FFN): 11.335 cents
Preferred share (FFN.PR.A): 5.625 cents
Record date: Dec. 31, 2021
Payable date: Jan. 10, 2022
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