Regular Monthly Dividend Announcement and Investment Insights

Author: Logan Wright Updated: 02-20-2025 09:20 AM

Financial 15 Split Corp. Declares Monthly Dividend

Financial 15 Split Corp. (TSX:FTN) recently announced its regular monthly distribution for shareholders, marking a continued commitment to providing valuable returns. Class A shareholders will receive a distribution amounting to $0.12570, translating to an annualized return of $1.51. Meanwhile, Preferred shareholders will enjoy a monthly distribution of $0.07083, which amounts to $0.850 annually. This payment reflects the company’s dedication to ensuring its investors reap the benefits of their investment.

Total Returns for Shareholders

Since its inception, Financial 15 Split Corp. has returned a remarkable total of $26.81 per Class A share. Likewise, Preferred shareholders have obtained a total of $12.26 per share, bringing the grand total to an impressive $39.08 for each investor. These figures are a testament to the company’s effective management and sound investment strategy, which prioritizes shareholder value.

Diverse Investment Portfolio

Financial 15 invests in a carefully curated portfolio that consists of 15 esteemed financial services companies, which showcases both Canadian and U.S. issuers. The portfolio includes well-known institutions such as Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, and Toronto-Dominion Bank, among others. This diversity not only mitigates risk but also enhances potential returns for investors.

List of Respected Financial Companies

The impressive lineup of companies within the Financial 15 portfolio fosters confidence among investors. Key players include Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, and CI Financial Corp. Additionally, notable U.S. companies such as Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co, and Wells Fargo & Co. contribute to a balanced and resilient investment strategy.

Upcoming Distribution Payments

For those interested in receiving the latest dividends, it's important to note the upcoming key dates. The record date for shareholders is February 28, allowing time for investors to secure their eligibility for the next distribution. Shareholders will see the dividends credited to their accounts on March 10, paving the way for continued cash flow for investors.

Details of Upcoming Payments

The distribution for Class A shares amounts to $0.12570, while Preferred shares are set at $0.07083. These payments exemplify the company's ongoing commitment to delivering reliable dividends to its valued shareholders.

Contact Information for Shareholders

Investors seeking further information or assistance regarding their shares can reach the investor relations team at Financial 15 Split Corp. For inquiries, please call 1-877-478-2372 or, locally in Toronto, at 416-304-4443. As an additional resource, the company’s official website is available for those who require more comprehensive insights into their offerings.

Frequently Asked Questions

What is the monthly dividend declared by Financial 15?

The monthly dividend declared for Class A shares is $0.12570, while Preferred shares receive $0.07083.

When is the record date for the upcoming distribution?

The record date for the upcoming distribution is February 28.

When will the dividends be payable?

The dividends will be payable on March 10.

What companies are included in Financial 15's portfolio?

Financial 15's portfolio includes top financial services companies like Bank of Montreal, Royal Bank of Canada, and Citigroup Inc.

How can I contact Financial 15 for inquiries?

For inquiries, you can contact Financial 15 at 1-877-478-2372 or via email at info@quadravest.com.

About The Author

Dedicated Author and financial expert Logan Wright here, 29 years old. After earning an economics degree, I spent a number of years working in different financial industries. My great passion is enabling everyone, from any background or experience level, to understand and be literate in financial matters.

My books and writings are centered on simplifying difficult financial ideas into doable, understandable guidance. Whether it's retirement planning, investing, or budgeting, I want to arm readers with the information they need to make wise financial choices and realize their financial objectives.

Apart from writing, I also frequently post to financial blogs and organize webinars and workshops targeted at enlightening participants about personal finance. Always, my strategy is to offer concise, doable advice that can truly improve people's lives.

Away from work, I like to read, travel, and sample new foods. My goal is to infuse everything I do with the balance that I think is essential to both financial and personal well-being. By my profession, I want to encourage and enable people to confidently and clearly take charge of their financial futures.

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