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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, which invests in a portfolio consisting of over 15 financial services companies. The Company 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 an amount of over 6.75...
% annually and to pay the holders of the Preferred Shares approximately $10 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 over $15 per unit, by paying holders on or about the termination date such amounts as remain in the Company after paying over $10 per Preferred Share. The Company’s investment manager is Quadravest Capital Management Inc.
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TSX:FTN - Post Discussion
Financial 15 Split Corp
> Banks stock’s running
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•••
Golferman
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Post by
Golferman
on Nov 15, 2023 9:38am
Banks stock’s running
All Bank stock's running again today..... FTN stock should be over $7.00 soon..... as this premium is at record lows and paying 20+% yield.
Golferman
(24)
•••
Higherhopes2020
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Comment by
Higherhopes2020
on Nov 15, 2023 10:39am
YES Very low premium. If can $7.50 by end of the month prior to x dividend.
(245)
•••
Golferman
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Comment by
Golferman
on Nov 15, 2023 3:49pm
Should break $7.00 tomorrow.
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