North American Financial 15 Split Corp. Declares Monthly Distributions for Class A and Preferred Shares

North American Financial 15 Split Corp A 2019-01.12.24 ( (TSE:FFN) ) has issued an update.

North American Financial 15 Split Corp. announced its regular monthly cash distributions for shareholders of both its Class A and Preferred shares. Class A shareholders will receive $0.11335 per share, equivalent to $1.3602 on an annualized basis, while Preferred shareholders will receive $0.06250 per share, or $0.75 annually, payable on April 10, 2026 to investors of record as of March 31, 2026.

The company noted that since inception, cumulative distributions have reached $18.99 per Class A share and $12.74 per Preferred share, for a combined total of $31.73. The ongoing dividend stream underscores the fund’s role as an income-oriented vehicle for investors seeking exposure to major North American financial institutions, highlighting its track record of consistent cash returns to both classes of shareholders.

More about North American Financial 15 Split Corp A 2019-01.12.24

North American Financial 15 Split Corp. is a split share investment corporation listed on the TSX that holds a high-quality portfolio of financial services companies. Its holdings focus on major Canadian and U.S. issuers, including leading banks and life insurers such as Royal Bank of Canada, Toronto-Dominion Bank, Bank of America, Citigroup Inc. and others, providing investors with targeted exposure to the North American financial sector.

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