Financial 15 Split Corp. Preferred Share Rate Increase

A high quality portfolio consisting of 15 North American Financial Services Companies

September 29, 2017 5:00 PM UTC

TORONTO, ONTARIO -- (Marketwired) -- 09/29/17 -- Financial 15 Split Corp. (the "Company") is pleased to announce the Preferred Share dividend rate for the fiscal year beginning December 1, 2017. Monthly payments to FTN.PR.A will be $0.04583 per share for an annual yield of 5.50% on their $10 redemption value. This is an increase of one quarter of one percent over the current rate.

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        Citigroup Inc.
                          Corporation
Canadian Imperial Bank    Sun Life Financial        Goldman Sachs Group Inc.
of Commerce               Services of Canada
Royal Bank of Canada      Great-West Lifeco Inc.    JP Morgan Chase & Co.
The Toronto-Dominion      CI Financial Corp.        Wells Fargo & Co.
Bank

Contacts:
Financial 15 Split Corp.
Investor Relations
416-304-4443 or Toll free at 1-877-4-Quadra (1-877-478-2372)
www.financial15.com

Source: Financial 15 Split Corp.



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Press Releases

Related Entities

JPMorgan, Goldman Sachs, Citi, Dividend, Wells Fargo