North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share

TORONTO, Dec. 19, 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 $0.07292 for each Preferred share ($0.875 annually). Distributions are payable January 10, 2025 to shareholders on record as at December 31, 2024.

Since inception Class A shareholders have received a total of $17.29 per share and Preferred shareholders have received a total of $11.69 per share inclusive of this distribution, for a combined total of $28.98.

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.