Bullboard - Stock Discussion Forum 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... see more

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North American Financial 15 Split Corp > DD

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Post by Investability00 on Oct 05, 2021 11:55am

DD

I looked up the payout per share, and found out it has been .1133 to .1134 with few exceptions, since 2004 until now. I was surprised how steady it has been.

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Comment by mouserman on Oct 05, 2021 2:05pm

Actually is hasnt always been .11335 per share ( current rate). FFN did a consolidation rollback and the monthly distribution changed to .11335 from .10, but you had less shares after the rollback. Here is the history of distributions going back to 2014: Dividends - FFN Help Ex : Symbol Ex-Div Date Record Date ...more

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