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North American Financial 15 Split Corp. Preferred Share Rate Increase.pdf

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Preview of North American Financial 15 Split Corp. Preferred Share Rate Increase
🔗 Source: 03fd212c-7b45-4409-b290-698c20089de1.filesusr.com
📊 Size: 119 KB
👤 Author: QCM
⬇️ Downloads: 55

Summary

The Preferred Share dividend rate for North American Financial 15 Split Corp. has been increased to $0.04583 per share for an annual yield of 5.50% on a $10 redemption value, effective December 1, 2017. This represents a quarter of one percent increase over the current rate. The Company invests in a high-quality portfolio of 15 North American financial services companies, including Bank of Montreal, National Bank of Canada, Bank of America Corp., and others.

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Description

North American Financial 15 Split Corp. raises preferred share dividend rate to 5.50% for fiscal year starting Dec 1, 2017, up 0.25% from current rate. Portfolio consists of 15 high-quality North American financial services companies.

Technical Information

  • File Format: PDF
  • File Size: 119 KB
  • Pages: 1
  • Language: EN
  • Author: QCM
  • Total Downloads: 55
  • Last Updated: 6 days ago

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