Financial 15 Split Corp. Class A
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Stephen Wayne Finch
- Sector
- Miscellaneous
- Industry
- Investment trusts
- Address
- 200 Front Street West Toronto ON Canada M5V 3K2
- IPO Date
- Oct 29, 2003
- Website
- quadravest.com
- Similar Companies
- Business
- Financial 15 Split Corp. is a mutual fund corporation that invests in a portfolio of 15 high-yielding Canadian financial services companies, employing a split share structure to provide holders of Preferred shares with fixed cumulative monthly dividends and return of capital, while offering Class A shareholders enhanced yield through regular dividends and potential capital gains. The company offers two classes of shares: Preferred shares, which receive priority fixed dividends of 6.75% annually and have first claim on assets up to a retraction price; and Class A shares, which receive residual dividends and capital appreciation after Preferred share obligations. It operates primarily in Canada, focusing on the financial services sector, with its portfolio typically including major banks and insurers such as Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Sun Life Financial, Manulife Financial, Great-West Lifeco, Power Corporation of Canada, Industrial Alliance Insurance and Financial Services, iA Financial Corporation, Fairfax Financial Holdings, and Canadian Western Bank. Established in 2004 and managed by Quadravest Capital Management Inc., the company is headquartered in Toronto, Ontario. In recent developments, Financial 15 Split Corp. announced a proposed substantial issuer bid in October 2025 to repurchase up to 10% of its outstanding Class A shares, aiming to enhance shareholder value amid market conditions.
Company News
Financial 15 Split Corp. Completes Overnight Offering of $107,800,000
Financial 15 Split Corp. Announces Successful Overnight Offering of Preferred Shares
Financial 15 Split Corp. Announces Overnight Offering of Preferred Shares
Financial 15 Split Corp. Announces Class A Share Split and Increased Total Distributions
Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share
US Financial 15 Split Corp. Preferred Dividend Declared
Financial 15 Split Corp. Announces Class A Share Split and Increased Total Distributions
Financial 15 Split Corp. Completes Overnight Offering of $92,220,000
Financial 15 Split Corp. Successful Overnight Offering of Preferred Shares
Financial 15 Split Corp. Announces Overnight Offering of Preferred Shares
NORTH AMERICAN FINANCIAL 15 SPLIT CORP. Financial Results to May 31, 2025
US Financial 15 Split Corp. Financial Results to May 31, 2025
FINANCIAL 15 SPLIT CORP. Financial Results to May 31, 2025
FINANCIAL 15 SPLIT CORP. Monthly Dividend Declaration for Class A & Preferred Share
North American Financial 15 Split Corp. Monthly Dividend Declaration for Class A & Preferred Share
US Financial 15 Split Corp. Preferred Dividend Declared