Monthly Dividend Announcement from North American Financial 15 Split Corp.
North American Financial 15 Split Corp. (referred to as "the Company") has declared its regular monthly distribution of $0.11335 for each Class A share, which amounts to an annualized total of $1.3602. Additionally, Preferred shares will receive $0.07917 each, leading to an annualized total of $0.950. These distributions are set to be paid to shareholders who are on record.
Summary of Dividend Distribution
Since the Company’s inception, Class A shareholders have received a cumulative total of $16.84 per share, while Preferred shareholders have received $11.38 per share. This results in an overall total of $28.22 for both classes of shares.
Composition of the Investment Portfolio
The Company boasts a strong portfolio that includes 15 well-regarded financial services firms. Among these are leading Canadian and U.S. issuers such as the Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, and Manulife Financial Corporation, among others.
Details of the Distribution
Class A Share (FFN): $0.11335
Preferred Share (FFN.PR.A): $0.07917
Record Date: August 30
Payable Date: September 10
Contact Information
If you have any questions, please contact Investor Relations at 1-877-478-2372 or 416-304-4443. For further assistance, you can also email info@quadravest.com.
Frequently Asked Questions
What is the monthly dividend declared by the Company?
The Company has declared a monthly dividend of $0.11335 for Class A shares and $0.07917 for Preferred shares.
When will the dividends be payable?
The dividends are scheduled to be payable on September 10, with the record date set for August 30.
What companies are part of the investment portfolio?
The investment portfolio includes major financial institutions such as the Bank of Montreal, Royal Bank of Canada, and others.
What total amounts have shareholders received since inception?
Class A shareholders have received a total of $16.84, while Preferred shareholders have received $11.38, bringing the total to $28.22.
How can investors obtain more information?
Investors can reach out to Investor Relations or send an email for additional assistance. More details can also be found on the Company’s website.
