Financial 15 Split Corp. Regular Monthly Dividend Declaration for Class A & Preferred Share

TORONTO, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550 annually).

Metadata

Provider:

GlobeNewswire, Inc.

Retrieved on:

Monday, January 20, 2020

Information

Tags:

Companies, Finance, Financial services, Primary dealers, S&P/TSX 60 Index, Manulife, Citigroup, Bank of America, JPMorgan Chase, Preferred stock, Canadian Imperial Bank of Commerce

Geotags:

Toronto, Ön

Organisation:

FINANCIAL 15 SPLIT CORP.

Summary

Key Points:

TORONTO, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550 annually).
Distributions are payable February 10, 2020 to shareholders on record as at January 31, 2020.
Since inception Class A shareholders have received a total of $20.28 per share and Preferred shareholders have received a total of $8.57 per share inclusive of this distribution, for a combined total of $28.84.
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, 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.

TORONTO, Jan. 20, 2020 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550 annually). Distributions are payable February 10, 2020 to shareholders on record as at January 31, 2020.

Since inception Class A shareholders have received a total of $20.28 per share and Preferred shareholders have received a total of $8.57 per share inclusive of this distribution, for a combined total of $28.84.

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, 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*

Class A Share (FTN)		$0.12570

Preferred Share (FTN.PR.A)		$0.04583

Ex-Dividend Date:		January 30, 2020

Record Date:		January 31, 2020

Payable Date:		February 10, 2020

Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.financial15.com
[email protected]