TSX:FFN.PR.A - Post by User
Post by
mousermanon Sep 21, 2023 4:41pm
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Post# 35648175
FTN and FFN both get a raise.
FTN and FFN both get a raise. North American Financial 15 Split Corp. Preferred Share Rate Increase
TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (the “Company”) is pleased to announce the Preferred Share dividend rate for the fiscal year beginning December 1, 2023, will increase by 1.75% over the current rate. Monthly payments to FFN.PR.A will be $0.07917 per share for an annual yield of 9.50% on their $10 redemption value.