Financial 15 Split Corp
FTN-PA.TO
Toronto Stock Exchange10.73
CAD
+0.02
- -
Financial 15 Split Corp
FTN-PA.TO
(Toronto Stock Exchange)
Recent
price
10.73
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Financial 15 Split Corp. operates as a closed-end split share investment fund that provides enhanced yield through two classes of shares, Class A shares (TSX: FTN) and Preferred shares (TSX: FTN.PR.A), by investing in a portfolio of common shares from 15 high-quality financial services companies comprising Canadian issuers including Bank of Montreal, 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 Inc. and Great-West Lifeco Inc.; and U.S. issuers including Bank of America Corp., Citigroup Inc., Goldman Sachs Group Inc., JPMorgan Chase & Co. and Wells Fargo & Co. The fund targets retail investors seeking income from the financial sector across North America and is managed by Quadravest Capital Management Inc. Founded on September 26, 2003, the company is headquartered in Toronto, Ontario, Canada. Recent developments include a Class A share split in September 2025 at a ratio of 10-for-100 to reflect strong performance, an increase in the minimum annual dividend rate on Preferred shares to 6.00% from 5.50% effective December 1, 2025 with extension of the termination date to December 1, 2030, and completion of a $92.2 million overnight offering of Preferred shares in November 2025 to expand the portfolio.