Monthly Dividend Announcement from US Financial 15 Split Corp.
Preferred Dividend Declaration by US Financial 15 Split Corp.
US Financial 15 Split Corp. (TSX:FTU) has announced its latest monthly distribution for Preferred shareholders, amounting to $0.06300 per share. This significant dividend represents an annualized rate of 10.00% based on the net asset value from the previous month. Shareholders can expect these distributions to be payable on May 9 to those on record as of April 30.
Investment Overview
Investing in a diversified portfolio is key to long-term success, and US Financial 15 focuses specifically on the U.S. financial sector. The portfolio comprises an impressive lineup of 15 financial service giants, each contributing to the overall stability and growth of the fund. Notable companies in the mix include American Express, J.P. Morgan Chase & Co., Citigroup, and Wells Fargo. Such a varied selection ensures that investors can benefit from the strengths of these financial institutions.
Distribution Details
Monthly Distribution Information
The preferred shares are designated as FTU.PR.B, where the declared distribution for the upcoming month will be paid out on May 9. Investors should keep in mind the important dates: the record date is set for April 30, indicating when shareholders must be recorded in the fund's books to receive the current distribution.
Payment Schedule
This monthly dividend is a critical aspect of the investment strategy for US Financial 15, allowing investors to receive regular returns while benefiting from potential capital appreciation. The focus on reliable companies within the portfolio is designed to provide consistent cash flow, making it an attractive option for income-focused investors.
Contact and Additional Information
For those interested in learning more about their investment or needing assistance, US Financial 15 provides resources through their investor relations. They can be reached at 1-877-478-2372 or locally at 416-304-4443. Additionally, investors can explore more details on their official website, www.financial15.com, or contact them via email at info@quadravest.com for inquiries.
Frequently Asked Questions
What is the declared monthly dividend for US Financial 15?
The declared monthly dividend is $0.06300 per Preferred share.
When will the dividend be payable?
The dividend will be payable on May 9 to shareholders on record as of April 30.
What companies are included in the US Financial 15 portfolio?
The portfolio includes companies like American Express, J.P. Morgan Chase, and Wells Fargo among others.
How can I contact US Financial 15 for more information?
Investors can contact them at 1-877-478-2372 or email info@quadravest.com.
What is the ticker symbol for the preferred shares?
The ticker symbol for the preferred shares is FTU.PR.B.
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