US Financial 15 Split Corp declares monthly preferred dividend
US Financial 15 Split Corp announced a monthly distribution of $0.06942 per preferred share, representing a 10.00% annual yield based on the previous month-end net asset value, according to a company statement.
The distribution will be paid October 10, 2025 to shareholders of record as of September 30, 2025. The preferred shares trade under the ticker FTU.PR.B.
US Financial 15 maintains a portfolio of 15 U.S. financial services companies including 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.
The Toronto-based split corporation structures its investments to provide monthly distributions to preferred shareholders while offering capital appreciation potential through its common shares.
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