Overview of Financial 15 Split Corp.
Financial 15 Split Corp. is an active investment company featuring a strong portfolio of 15 leading financial services firms across North America. By blending Canadian and U.S. companies, it offers a diversified investment strategy that attracts a broad range of investors.
Announcement of Preferred Share Dividend Rate
Due to current market conditions affecting preferred shares, Financial 15 Split Corp. has revealed a new dividend rate. Effective December 1, 2024, the Preferred Share (symbol: FTN.PR.A) will provide a dividend rate of 8.50%, down from the previous 9.25%. This change mirrors the ongoing fluctuations in market rates.
Key Details of Preferred Shares
For holders of FTN.PR.A, this means monthly dividends of $0.07083 per share based on a redemption value of $10.00. At 8.50%, the yield remains competitive, delivering steady returns for those investing for the long haul.
Portfolio Composition of Financial 15 Split Corp.
The corporation boasts a carefully chosen selection of financial institutions that bolster its presence and stability in the market. Among the well-established names in the portfolio are:
- Bank of Montreal
- National Bank of Canada
- Bank of America Corp.
- The Bank of Nova Scotia
- Manulife Financial Corporation
- Citigroup Inc.
- Canadian Imperial Bank of Commerce
- Sun Life Financial Inc.
- Goldman Sachs Group Inc.
- Royal Bank of Canada
- Great-West Lifeco Inc.
- JP Morgan Chase & Co.
- The Toronto-Dominion Bank
- CI Financial Corp.
- Wells Fargo & Co.
Investor Relations and Contact Information
For anyone looking to gather more details about Financial 15 Split Corp., the company provides various options for inquiry. Interested individuals can reach out to the Investor Relations team for additional insights or questions about investment opportunities.
Contact Information
You can get in touch with the Investor Relations team by calling 416-304-4443 or toll-free at 1-877-4-Quadra (1-877-478-2372). Alternatively, you can send an email to info@quadravest.com. For more detailed information about the company and its offerings, please visit www.financial15.com.
Frequently Asked Questions
What is the new dividend rate for FTN.PR.A?
The Preferred Share FTN.PR.A now has a dividend rate of 8.50%.
How much will shareholders receive in monthly dividends?
Shareholders can expect a monthly payment of $0.07083 per share.
Which companies are part of Financial 15 Split Corp.'s portfolio?
The portfolio features significant players in the financial sector, including Bank of Montreal, National Bank of Canada, and Bank of America Corp., among others.
How can I get in touch with Financial 15 Split Corp. for more details?
You can reach them by phone at 416-304-4443 or toll-free at 1-877-4-Quadra, or through email at info@quadravest.com.
Where can I find further information about Financial 15 Split Corp.?
You can find additional information on their official website at www.financial15.com.
