North American Financial Split Corp Maintains 7.5% Dividend Rate

The North American Financial 15 Split Corp has announced that it will maintain its preferred share dividend rate at 7.50% for the fiscal year beginning December 1, 2026.

This means that monthly distributions on the FFN.PR.A Preferred Shares will continue to be $0.06250 per share, representing an annual yield of 7.50% based on a $10.00 redemption value.

The company invests in a portfolio of high-quality financial services companies from Canada and the US, including Bank of Montreal, National Bank of Canada, and Goldman Sachs Group, Inc.