2013-02-19 23:12:45 -
TORONTO, ONTARIO -- (Marketwire) -- 02/19/13 -- 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 March 8, 2013 to shareholders on record as of February 28, 2013.
Since inception Class A shareholders have received a total of $10.10 per share (including two special distributions totaling $0.50 per share) and Preferred shareholders have received a total of $4.88 per share inclusive of this distribution, for a combined total of $14.98.
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.
Class A Share (FTN) $0.1257
Preferred Share (FTN.PR.A) $0.04375
Ex-Dividend Date: February 26, 2013
Record Date: February 28, 2013
Payable Date: March 8, 2013
416-304-4443 or toll free at 1-877-4-Quadra (1-877-478-2372)
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