TORONTO, May 16, 2024 (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 $0.07917 for each Preferred share ($0.950 annually). Distributions are payable June 10, 2024 to shareholders on record as at May 31, 2024.
Since inception Class A shareholders have received a total of $16.50 per share and Preferred shareholders have received a total of $11.14 per share inclusive of this distribution, for a combined total of $27.64.
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.
| Distribution Details |
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| Class A Share (FFN) |
$0.11335 |
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| Preferred Share (FFN.PR.A) |
$0.07917 |
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| Record Date: |
May 31, 2024 |
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| Payable Date: |
June 10, 2024 |
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Investor Relations: 1-877-478-2372
Local: 416-304-4443
www.financial15.com
info@quadravest.com
