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Classified in: Business
Subject: STOCK/OTHER MARKET NEWS

Financial 15 Split Corp. Preferred Share Rate Increase


TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Financial 15 Split Corp. (the "Company") is pleased to announce the Preferred Share dividend rate for the fiscal year beginning December 1, 2023, will increase by 1.75% over the current rate. Monthly payments to FTN.PR.A will be $0.07708 per share for an annual yield of 9.25% on their $10 redemption value.

The Company invests in an actively managed, high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows:


Bank of MontrealNational Bank of CanadaBank of America Corp.
The Bank of Nova ScotiaManulife Financial CorporationCitigroup Inc.
Canadian Imperial Bank of CommerceSun Life Financial Inc.Goldman Sachs Group Inc.
Royal Bank of CanadaGreat-West Lifeco Inc.JP Morgan Chase & Co.
The Toronto-Dominion BankCI Financial Corp.Wells Fargo & Co.


For further information, please contact Financial 15 Split Corp. Investor Relations at

info@quadravest.com   416-304-4443  Toll free at 1-877-4-Quadra (1-877-478-2372) or visit  www.financial15.com



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