TORONTO, ONTARIO--(Marketwired - April 21, 2014) - US Financial 15 Split Corp. ("US Financial 15") declares its monthly distribution of $0.02853 for each Preferred share, or 5.25% annually based on the March 31, 2014 net asset value of $6.52. Dividends are payable on May 9, 2014 to Preferred shareholders on record as at April 30, 2014.
US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo. Shares held within the Portfolio are expected to range between 4-8% in weight but may vary from time to time.
|Preferred Share (FTU.PR.B)||$0.02853|
|Ex-Dividend Date:||April 28, 2014|
|Record Date:||April 30, 2014|
|Payable Date:||May 9, 2014|