On September 23, 2020, Quadravest announced:
North American Financial 15 Split Corp. (the “Company”) is pleased to announce the Preferred Share dividend rate for the fiscal year beginning December 1, 2020. Monthlypayments to the FFN.PR.A Preferred Share will be $0.05625 per Share for an annual yield of 6.75% on their $10 redemption value. This is an increase of one and a quarter percent over the current rate.
The Company invests in an actively managed, high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows:
| Bank of Montreal |
National Bank of Canada |
Bank of America Corp. |
| The Bank of Nova Scotia |
Manulife Financial Corporation |
Citigroup Inc. |
| Canadian Imperial Bank of Commerce |
Sun Life Financial Services of Canada
Inc. |
Goldman Sachs Group Inc. |
| Royal / of Canada |
Great-West Lifeco Inc. |
JP Morgan Chase & Co. |
| The Toronto-Dominion Bank |
CI Financial Corp. |
Wells Fargo & Co. |
They have further announced (on 2021-10-1):
North American Financial 15 Split Corp. (the “Company”) is pleased to announce the Preferred Share dividend rate for the fiscal year beginning December 1, 2021. Monthly payments to the FFN.PR.A Preferred Share will be maintained at $0.05625 per Share for an annual yield of 6.75% on their $10 redemption value. This represents no
change from the current rate.
The Company invests in an actively managed, high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows:
| Bank of Montreal |
National Bank of Canada |
Bank of America Corp. |
| The Bank of Nova Scotia |
Manulife Financial Corporation |
Citigroup Inc. |
| Canadian Imperial Bank of Commerce |
Sun Life Financial Services of Canada Inc. |
Goldman Sachs Group Inc. |
| Royal Bank of Canada |
Great-West Lifeco Inc. |
JP Morgan Chase & Co. |
| The Toronto-Dominion Bank |
CI Financial Corp. |
Wells Fargo & Co. |
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FFN.PR.A : Dividend Remains at 6.75% until 2022-11-30
On September 23, 2020, Quadravest announced:
They have further announced (on 2021-10-1):
This entry was posted on Monday, October 4th, 2021 at 9:25 pm and is filed under Issue Comments. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.