TORONTO, June 19, 2019 (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 July 10, 2019 to shareholders on record as at June 28, 2019.

Since inception Class A shareholders have received a total of $13.15 per share and Preferred shareholders have received a total of $7.76 per share inclusive of this distribution, for a combined total of $20.91.

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 Inc., 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:   June 27, 2019
Record Date:   June 28, 2019
Payable Date:   July 10, 2019

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