Monthly Dividend Update for US Financial 15 Split Corp
Monthly Dividend Declared for US Financial 15 Split Corp
US Financial 15 Split Corp, often referred to as US Financial 15, has announced a noteworthy monthly distribution of $0.07083 for each Preferred share. This distribution reflects an attractive annual yield of 10.00%, calculated based on the net asset value as of the end of the previous month. Shareholders can expect this payment on November 10, with the record date set for October 31.
Investment Portfolio Overview
The company strategically invests in a diversified portfolio consisting of 15 leading U.S. financial services companies. These firms include industry giants such as American Express, Bank of America, and Citigroup. This well-rounded portfolio is engineered to provide stable returns for shareholders and aims to capitalize on the growth and stability offered by notable institutions in the financial sector.
Distribution Details
As part of the recent announcement, here are some critical details regarding the preferred share distribution:
Preferred Share Details
Share Type: Preferred Share (FTU.PR.B)
Distribution Amount: $0.07083
Payment Dates
Record Date: October 31
Payable Date: November 10
Communication for Shareholders
For further inquiries, shareholders and interested parties are encouraged to reach out to the investor relations team. They can be contacted via phone at 1-877-478-2372 or locally at 416-304-4443. This ensures that any questions regarding the dividend distribution or overall portfolio can be addressed promptly.
Looking Ahead for US Financial 15
US Financial 15 continues to explore opportunities within the financial markets, adapting its strategy as necessary to optimize shareholder returns. By focusing on a robust mix of financial stocks, the company aims to navigate the dynamic economic landscape.
Frequently Asked Questions
What is the monthly dividend declared by US Financial 15 Split Corp?
The monthly dividend is $0.07083 per Preferred share.
When will the dividend be paid?
The dividend will be paid on November 10 to those on record as of October 31.
What companies are included in the US Financial 15 investment portfolio?
The portfolio includes companies like American Express, Bank of America, and Citigroup, among others.
How can shareholders get more information about their investment?
Shareholders can contact investor relations at 1-877-478-2372 or via local contact at 416-304-4443 for more information.
Is US Financial 15 a stable investment choice?
With a diversified portfolio of established financial institutions, US Financial 15 aims to provide stability and reliable returns.
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