08:21:05 EST Wed 08 Feb 2023
Enter Symbol
or Name

Login ID:
North American Financial 15 Split Corp (2)
Symbol FFN
Shares Issued 49,706,863
Close 2022-05-18 C$ 6.00
Recent Sedar Documents

ORIGINAL: North American Financial 15 Split Corp. Regular Monthly Dividend Declaration for Preferred Share

2022-05-18 14:49 ET - News Release

TORONTO, May 18, 2022 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.05625 for each Preferred share ($0.675 annually). Distributions are payable June 10, 2022 to shareholders on record as at May 31, 2022.

There will not be a distribution paid to the Class A Shares for May 31, 2022 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.

Since inception Class A shareholders have received a total of $15.70 per share and Preferred shareholders have received a total of $9.55 per share inclusive of this distribution, for a combined total of $25.26.

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 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
Preferred Share (FFN.PR.A)$0.05625
Record Date:May 31, 2022
Payable Date:June 10, 2022

Investor Relations: 1-877-478-2372
Local: 416-304-4443

© 2023 Canjex Publishing Ltd. All rights reserved.