N@N

Financial 15 Split Corp.: Financial 15 Split Corp.: Regular Monthly Dividend Declaration for Class A and Preferred Share

^{Published on 2009-09-18 06:20:09 - Market Wire}
 

TORONTO, ONTARIO--(Marketwire - Sept. 18, 2009) - Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.1257 for each Class A share ($1.5084 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable October 9, 2009 to shareholders on record as of September 30, 2009.

Since inception Class A shareholders have received a total of $7.21 per share (including two special distributions totaling $0.50 per share) and Preferred shareholders have received a total of $3.09 per share inclusive of this distribution, for a combined total of $10.29.

Financial 15 invests in a high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows: Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, CI Financial Income Fund, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co. Shares held within the portfolio are expected to range between 4-8% in weight but may vary at any time.

Distribution Details: 

Class A Share (FTN) $0.1257 

Preferred Share (FTN.PR.A) $0.04375 

Ex-Dividend Date: September 28, 2009 

Record Date: September 30, 2009 

Payable Date: October 9, 2009