North American Financial 15 Split Corp T.FFN

Alternate Symbol(s): FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It 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 the amount of over 5.5% annually and to pay the holders of the preferred shares a certain price per preferred share on or about the termination date. Its investment objectives with respect to class A shares are to provide holders of class A shares with regular monthly cash distributions and to permit holders to participate in all growth in the net asset value of the Company for a specific price per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying a specific price per preferred share. Its investment manager is Quadravest Capital Management Inc.

TSX:FFN - Post by User

North American Financial 15 Split Corp > How soon can the dividend be announced?

<< Previous

Bullboard Posts

Next >>

Post by Splitfundingon Jan 02, 2024 2:28pm

191 Views

Post# 35807454

How soon can the dividend be announced?

We are on the very precipice of paying, I assume the 20th would be the latest date for the announcement but when is the earliest? Quadravest would be wise to declare the payment as soon as possible in order to restore faith in the fund after many months of non-payment provided of course fund reaches and maintains payment statues.

<< Previous

Bullboard Posts

Next >>

From now on, dynaCERT instead of Bitcoin or NVIDIA?