tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

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

Story Highlights
  • Financial 15 Split Corp. announced regular monthly cash distributions for its Class A and Preferred shares.
  • Cumulative payouts since inception now total $41.22 per unit, reinforcing the fund’s income-focused appeal to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Financial 15 Split Corp. Maintains Regular Monthly Distributions for Class A and Preferred Shares

Claim 50% Off TipRanks Premium

The latest announcement is out from Financial 15 Split Corp ( (TSE:FTN) ).

Financial 15 Split Corp. has declared its regular monthly cash distributions for both share classes, announcing a payment of $0.12570 per Class A share (equivalent to $1.51 on an annualized basis) and $0.06042 per Preferred share ($0.725 annually), payable on February 10, 2026 to shareholders of record as of January 30, 2026. The firm highlighted its long-term payout record, noting that since inception Class A shareholders have received a cumulative $28.20 per share and Preferred shareholders $13.02 per share, for a combined total of $41.22, underscoring the fund’s role as an income-oriented vehicle for investors in the financial services sector.

The most recent analyst rating on (TSE:FTN) stock is a Hold with a C$12.00 price target. To see the full list of analyst forecasts on Financial 15 Split Corp stock, see the TSE:FTN Stock Forecast page.

Spark’s Take on TSE:FTN Stock

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

The score is held back primarily by weak and consistently negative operating/free cash flow despite strong recent profitability and improved leverage. Technicals are supportive with a clear uptrend, but overbought signals increase near-term risk. Valuation is favorable with a low P/E and high yield, and corporate events reinforce the distribution focus.

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 vehicle 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 and Toronto-Dominion Bank, as well as U.S. financial institutions like Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase and Wells Fargo. The fund is structured with Class A and Preferred shares, providing different income and risk profiles to investors seeking exposure to the financial sector.

Average Trading Volume: 231,711

Technical Sentiment Signal: Buy

Find detailed analytics on FTN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1