Bullboard - Stock Discussion Forum Financial 15 Split Corp T.FTN

Alternate Symbol(s): T.FTN.PR.A | FNNCF

Financial 15 Split Corp. is a mutual fund company. The Company’s investment objectives with respect to the preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in an amount fixed by the board of directors on an annual basis. Its investment objectives with respect to the Class A shares are to provide holders of Class A shares with... see more

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TSX:FTN - Post Discussion

Financial 15 Split Corp > FTN preferreds get a raise.

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Post by mouserman on Sep 21, 2023 4:40pm

FTN preferreds get a raise.

Dam sold off my FTN preferreds, but have a lot of FFN.pr.a
Wishing now i had just stayed in preferreds ... and cash..
Should know better before the FED does their lecture .

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Comment by mouserman on Sep 21, 2023 4:43pm

But you know that works ... NOW FTN is paying out over 20 cents in distributions every month they are above the 15$ threshhold. How sustainable is that going to be. AND FFN can forget a distribution to commons for a long time.

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