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Financial 15 Split Corp. Announces Regular Monthly Distributions for Class A and Preferred Shares

Story Highlights
  • Financial 15 Split Corp. declared regular monthly distributions for its Class A and Preferred shares.
  • Cumulative payouts since inception now total $41.03 per unit across both share classes, highlighting its income focus.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Financial 15 Split Corp. Announces Regular Monthly Distributions for Class A and Preferred Shares

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Financial 15 Split Corp ( (TSE:FTN) ) has issued an announcement.

Financial 15 Split Corp. has declared its regular monthly cash distributions of $0.12570 per Class A share, equivalent to $1.51 on an annualized basis, and $0.06042 per Preferred share, or $0.725 annually, payable on January 9, 2026 to shareholders of record as of December 31, 2025. With this latest declaration, the fund reports that since inception Class A shareholders have received a cumulative $28.07 per share and Preferred shareholders $12.96 per share, for a combined $41.03, underscoring the vehicle’s ongoing focus on delivering consistent income to investors from its portfolio of leading Canadian and U.S. financial institutions.

Spark’s Take on TSE:FTN Stock

According to Spark, TipRanks’ AI Analyst, TSE:FTN is a Neutral.

Financial 15 Split Corp’s recent financial recovery and strong balance sheet are positive indicators, though cash flow issues persist. Technical indicators suggest caution with a bearish trend. However, the stock’s low valuation metrics and consistent dividend payouts enhance its appeal as a high-yield investment opportunity.

To see Spark’s full report on TSE:FTN stock, click here.

More about Financial 15 Split Corp

Financial 15 Split Corp. is a split share investment fund that holds a high-quality portfolio of major North American financial services companies, including leading Canadian banks such as Bank of Montreal, Royal Bank of Canada, Toronto-Dominion Bank and National Bank of Canada, as well as U.S. financial giants like Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase and Wells Fargo. The fund is structured with two classes of shares—Class A and Preferred—designed to provide investors with exposure to the financial sector through income and potential capital appreciation, while targeting different risk and return profiles for its unitholders.

Average Trading Volume: 292,517

Technical Sentiment Signal: Buy

For detailed information about FTN stock, go to TipRanks’ Stock Analysis page.

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