North American Financial 15 Split Corp Announces Monthly Dividends
North American Financial 15 Split Corp Monthly Distribution Overview
North American Financial 15 Split Corp. has declared its regular monthly dividend of $0.11335 for each Class A share and $0.07292 for each Preferred share. This decision continues the company’s commitment to returning value to its shareholders through consistent dividends.
Details of the Monthly Distribution
The distributions are scheduled for payment on the 10th of November, ensuring that shareholders who are on record as of the end of October can benefit from the declared amounts. Class A shares have an annualized dividend of approximately $1.3602, while the Preferred shares offer an annual rate of $0.875.
Historical Returns to Shareholders
Since the inception of the program, Class A shareholders have collectively received an impressive total of $18.42 per share while Preferred shareholders have enjoyed a total of $12.42 per share, bringing a substantial overall return to $30.84 per share. This reflects both the company’s steady performance and its reliable dividend payouts.
Investment Portfolio Structure
North American Financial 15 Split Corp. maintains a diverse and high-quality portfolio of financial services companies. This includes prominent Canadian institutions like the Bank of Montreal and Royal Bank of Canada, alongside respected U.S. firms like Bank of America and Citigroup Inc. This mix of investments showcases the company’s strategy of balancing regional market strengths.
Diversity in Financial Services
The portfolio is well-distributed among major banks and financial entities, ensuring stability through a varied collection of investments. This strategy allows the company to mitigate risk while capitalizing on growth opportunities in both Canadian and U.S. markets.
Investor Relations Information
For further inquiries regarding dividends, investments, and shareholder services, North American Financial 15 Split Corp. offers dedicated support. Investors can reach out for assistance through their dedicated phone lines: 1-877-478-2372 for toll-free inquiries or 416-304-4443 for local calls.
Contact and Access for Shareholders
Shareholders may also connect through email at info@quadravest.com for any specific queries or visit their official site for updated information on their financial performance.
Frequently Asked Questions
What is the amount for the monthly distribution for Class A and Preferred shares?
The monthly distribution is $0.11335 for Class A shares and $0.07292 for Preferred shares.
When will the distributions be paid?
Distributions will be payable on November 10, to shareholders on record as of October 31.
How much have shareholders received since inception?
Class A shareholders have received a total of $18.42 per share, while Preferred shareholders have received $12.42, totaling $30.84 combined.
Who are the key investments in the portfolio?
The portfolio features major banks including Bank of Montreal, Royal Bank of Canada, and several U.S. banking firms such as Citigroup and Wells Fargo.
How can I contact investor relations?
Investors can reach Investor Relations at 1-877-478-2372 or 416-304-4443 and can also email info@quadravest.com for inquiries.
About The Author
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