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Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s):  FNNCF | T.FTN.PR.A

Financial 15 Split Corp. is a mutual fund, which invests in a portfolio consisting of over 15 financial services companies. The Company offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to Preferred Shares are to provide holders of Preferred Shares with cumulative preferential monthly cash dividends in an amount of over 6.75... see more

TSX:FTN - Post Discussion

Financial 15 Split Corp > Class A Share Consolidation
View:
Post by novascotian2014 on Nov 23, 2020 12:29pm

Class A Share Consolidation

Too Clearify for those of us that a more than a Little Confused..in laymen Terms, if i buy 100 shares at TODAY Price of $3.62 per Share and i HOLD THEM for the Divy per Month..what would the Payout Dividend be for each month of those 100 Shares be,going forward from Today..
Comment by navgod on Nov 23, 2020 12:41pm
simple answer -- $4.00( .10 X 40)
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