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 > My bad guess.

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Post by NoShoesNoShirt on Dec 02, 2023 10:34am

My bad guess.

Quick and dirty, I get 16.68 after distributions.

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Comment by Golferman on Dec 02, 2023 4:46pm

Wow.... that gives us only a 3% premium. What a great buy at these prices!! Golferman

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Comment by Donwaan on Dec 03, 2023 12:47pm

On the other hand: Dow near record high as traders are calling bluff on higher-for-longer Fed. David Kelly, chief global strategist at J.P. Morgan thinks inflation is heading down but still thinks the Federal Reserve is going to be slow to cut rates. The immeadiate future for banks may not be so rosy if rates cuts are slower than expected in coming.

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Comment by Donwaan on Dec 03, 2023 2:26pm

https://www.marketwatch.com/story/soft-landing-hope-drives-a-stellar-stock-market-rally-why-u-s-economy-is-still-not-out-of-the-woods-eba0d82a?mod=home-page

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