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Bullboard - Stock Discussion Forum North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

Financial Services Asset Management
North American Financial 15 Split Corp. is a 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, the amount of which is... see more

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > Question
View:
Post by Investability00 on Oct 04, 2021 3:14pm

Question

I have just started buying dividend stocks lately. I bought 300 @ 7.12 so I get about 19.1 percent. Will my percent change down the road? Thanks for any comments.
Comment by EdPaquette on Oct 04, 2021 5:11pm
Splits just pay the exact same every month, until they don't pay at all.  As long as the nav of the commons combined with the preferreds add up to $15 you get paid.  Look at quadravest.com 
Comment by BLOODTHIRSTY on Oct 04, 2021 8:34pm
FYI these aren't "dividends"...check the website
Comment by BlueGuitar1 on Oct 04, 2021 9:15pm
They are dividends as well as covered call income with capital appreciation.  Even the website calls it dividends. 
North American Financial 15 Split Corp
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