TORONTO, Aug. 18, 2021 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.11335 for each Class A share ($1.3602 annualized) and $0.05625 for each Preferred share ($0.675 annually). Distributions are payable September 10, 2021 to shareholders on record as at August 31, 2021.
Since inception Class A shareholders have received a total of $14.80 per share and Preferred shareholders have received a total of $9.05 per share inclusive of this distribution, for a combined total of $23.84.
The Company invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.
DistributionDetails
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|
|
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| Class A Share (FFN) |
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$0.11335 |
| Preferred Share (FFN.PR.A) |
|
$0.05625 |
| Ex-Dividend Date: |
|
August 30, 2021 |
| Record Date: |
|
August 31, 2021 |
| Payable Date: |
|
September 10, 2021 |
Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.financial15.com
info@quadravest.com
