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

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TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. ("Financial 15") declares its regular monthly distribution of $0.12570 for each Class A share ($1.51 annually) and $0.04583 for each Preferred share ($0.550  annually). Distributions are payable September 10, 2018 to shareholders on record as at August 31, 2018.

Since inception Class A shareholders have received a total of $18.39 per share and Preferred shareholders have received a total of $7.79 per share inclusive of this distribution, for a combined total of $26.18.

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 Corp, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

Distribution Details
     
Class A Share (FTN)   $0.12570
Preferred Share (FTN.PR.A)    $0.04583
Ex-Dividend Date:   August 30, 2018
Record Date:   August 31, 2018
Payable Date:   September 10, 2018
     

Investor Relations: 1-877-478-2372                           Local: 416-304-4443                        www.financial15.com                   info@quadravest.com

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