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Dividend 15 Split Corp. Announces Monthly Distribution of $0.10000 per Class A Share and $0.05833 per Preferred Share
ByAinvest
Wednesday, Aug 20, 2025 9:08 am ET1min read
Dividend 15 Split Corp. declared a monthly distribution of $0.10000 for each Class A share ($1.20 annualized) and $0.05833 for each Preferred share ($0.700 annually). The distributions are payable September 10, 2025, to shareholders on record as of August 29, 2025. Since inception, Class A shareholders have received $28.30 per share, and Preferred shareholders have received $11.52 per share, for a combined total of $39.82.
North American Financial 15 Split Corp. (NAF15) has announced its regular monthly dividend distribution for August 2025. The company declared a distribution of $0.10000 for each Class A share, equating to an annualized amount of $1.20. For Preferred shareholders, the monthly distribution is $0.05833, resulting in an annualized payout of $0.700. The distributions are payable on September 10, 2025, to shareholders on record as of August 29, 2025.Since its inception, Class A shareholders have received a total of $28.30 per share, while Preferred shareholders have received $11.52 per share, inclusive of this distribution. The combined total received by shareholders since inception is $39.82.
NAF15 invests in a high-quality portfolio consisting of financial services companies, including 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, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co., and Wells Fargo & Co.
The company's stock, trading under the ticker symbol FFN.TO, has seen a slight decrease in value, currently trading at $7.25, down from $7.39 the previous day. The Preferred share, trading under the ticker symbol FFN-PR-A.TO, remains unchanged at $10.93.
References:
[1] https://finance.yahoo.com/news/north-american-financial-15-split-130000094.html
[2] https://www.barchart.com/futures/quotes/FFN.TO
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