Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Stock Quote Today & Recent News North American Financial 15 Split Corp. Preferred Shares T.FFN.P.A

North American Financial 15 Split Corp is an investment company. It invests in an actively managed portfolio of common shares comprised of core large-capitalization Canadian and United States financial services companies. It also invests in equity securities of issuers. The company's investment objective is to provide holders of Preferred Shares with cumulative preferential monthly cash dividends and to provide holders of Class A shares with regular monthly cash distributions.

The Power Play by The Market Herald
{{currentVideo.videoCaption}}
< Previous Video {{moreVideoText}} Next Video >

Stock Price Chart (TSX:FFN.P.A)

Fundamentals Snapshot (TSX:FFN.P.A)

Opinion & Analysis (TSX:FFN.P.A)

No current opinion is available.

Bullboard Posts (TSX:FFN.P.A)

RE:Stacking the FFN preferreds here.

I am right here with ya!  I hope we are right, I am always nervous we are missing something as the return seems to good to be true!
primo105 - May 5, 2023

RE:RE:Stacking the FFN preferreds here.

You get the option of retracting the pref at par ie. $10 with a month's notice before the Termination/Extension Date.
navgod - May 4, 2023

RE:Stacking the FFN preferreds here.

Why would the preferreds be worth $10 at termination? Won't they just advance the termination date by 5 years and values remain where...
alkhor - May 4, 2023

Stacking the FFN preferreds here.

Nice to get overe 8.15% distribution rate at current levels...  adn know that by fall of 2024 i wil also get 10$ for every share...
mouserman - May 3, 2023

RE:RE:ANONYMOUS shorters keeping a lid on FFN preferreds

Yes ideally consolidating the commons to match up would be the best, however that can only be done every 5 years, on the termination date...
mouserman - April 11, 2023

RE:ANONYMOUS shorters keeping a lid on FFN preferreds

Thanks MM.  Do you see a scenario where the share imbalance hurts the preferreds? Isn't the gameplan typically to consolidate...
Inglewood - April 11, 2023