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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 > No change to dividend for class share & buybacks as needed
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Post by AwesomeMatthews on Dec 13, 2024 2:40pm

No change to dividend for class share & buybacks as needed

As previously announced, the annual dividend rate for the Preferred Shares has been set at 8.75% (subject to a 5-year minimum of 7%). The dividend policy for the Class A Shares will remain at the current targeted rate of $0.11335 per month, or $1.36 per annum.
Comment by mouserman on Dec 13, 2024 2:41pm
Yeah as i figured , with the election looming there were not many gamblers. Fear was a nothingburger. I imagine DF will be the same.
Comment by maxjac on Dec 13, 2024 2:45pm
Indeed. Glad I kept all mine and did not fall for all the FUD. Bought more under $7 too.
Comment by AwesomeMatthews on Dec 13, 2024 2:54pm
100%, fear was prevalent today, those that stood their ground won. I've replaced my shares already below $7 as well and will sit tight 
Comment by AwesomeMatthews on Dec 13, 2024 2:57pm
I already added some there based on your comments, thanks mouserman! I am confident DF will be the same , just got some cheap shares IMO.
Comment by sandino on Dec 13, 2024 2:41pm
So was this whole retraction deal - much ado about nothing?
North American Financial 15 Split Corp
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