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

Marketwired
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TORONTO, ONTARIO--(Marketwired - Mar 19, 2014) - 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 April 10, 2014 to shareholders on record as of March 31, 2014.

Since inception Class A shareholders have received a total of $11.73 per share (including two special distributions totaling $0.50 per share) and Preferred shareholders have received a total of $5.45 per share inclusive of this distribution, for a combined total of $17.18.

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:

March 27, 2014

Record Date:

March 31, 2014

Payable Date:

April 10, 2014

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