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Bullboard - Stock Discussion Forum Us Financial 15 Split Corp T.FTU

Alternate Symbol(s):  T.FTU.PR.B

US Financial 15 Split Corp. is a mutual fund company. The Company invests in an actively managed portfolio of common shares composed primarily of 15 core large capitalization United States financial services companies. The Company’s objectives in managing its capital are to provide holders of Preferred shares with a cumulative preferential monthly dividend at an annualized rate of 10% based on... see more

TSX:FTU - Post Discussion

Us Financial 15 Split Corp > Preferred Dividend Declared
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Post by Betteryear2 on Nov 18, 2021 4:44pm

Preferred Dividend Declared

TORONTO, Nov. 18, 2021 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.07083 for each Preferred share, or 10.00% annually based on the previous month end net asset value. Distributions are payable December 10, 2021 to shareholders on record as at November 30, 2021.

US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo. 

https://www.globenewswire.com/news-release/2021/11/18/2337776/0/en/US-Financial-15-Split-Corp-Preferred-Dividend-Declared.html

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