Financial 15 Split Corp. Preferred Share Rate Increase
21 September 2023 - 10:30PM
Financial 15 Split Corp. (the “Company”) is pleased to announce the
Preferred Share dividend rate for the fiscal year beginning
December 1, 2023, will increase by 1.75% over the current rate.
Monthly payments to FTN.PR.A will be $0.07708 per share for an
annual yield of 9.25% on their $10 redemption value.
The Company invests in an actively managed, high
quality portfolio consisting of 15 financial services companies
made up of Canadian and U.S. issuers as follows:
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. |
For further information, please contact Financial
15 Split Corp. Investor Relations at
info@quadravest.com
416-304-4443 Toll free at
1-877-4-Quadra (1-877-478-2372) or visit
www.financial15.com
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