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

TORONTO, Feb. 21, 2018 (GLOBE NEWSWIRE) -- North American Financial 15 Split Corp. (The "Company") declares its regular monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04583 for each Preferred share ($0.550 annually).  Distributions are payable March 9, 2018 to shareholders on record as at February 28, 2018.

Since  inception,  Class  A  shareholders  have  received  a  total  of  $11.65  per  share  and  Preferred shareholders have received a total of $7.03 per share inclusive of this distribution, for a combined total of $18.68.

The Company 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 ., Goldman Sachs Group, JP Morgan Chase & Co. and Wells Fargo & Co.

 Distribution Details     
Class A Share (FFN)    $0.10000
Preferred Share (FFN.PR.A)   $0.04583
Ex-Dividend Date:    February 27, 2018
Record Date:   February 28, 2018
Payable Date:   March 9, 2018

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