Business & Finance
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Mon, January 21, 2013
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Fri, January 18, 2013 Regular Monthly Dividend Declaration for Class A &;; Preferred Share
January 18, 2013 09:00 ET
Financial 15 Split Corp.: Regular Monthly Dividend Declaration for Class A & Preferred Share
TORONTO, ONTARIO--(Marketwire - Jan. 18, 2013) - 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 February 8, 2013 to shareholders on record as of January 31, 2013.
Since inception Class A shareholders have received a total of $9.97 per share (including two special distributions totaling $0.50 per share) and Preferred shareholders have received a total of $4.84 per share inclusive of this distribution, for a combined total of $14.81.
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: | January 29, 2013 | |
| Record Date: | January 31, 2013 | |
| Payable Date: | February 8, 2013 |
