US Financial 15 Split Corp declares monthly preferred share distribution

Published 20/08/2025, 14:06
US Financial 15 Split Corp declares monthly preferred share distribution

TORONTO - US Financial 15 Split Corp announced on Wednesday its monthly distribution of $0.06708 per Preferred share, representing an annual yield of 10.00% based on the previous month’s net asset value. The company has demonstrated strong performance, with a 63% return over the past year and an 11.5% year-to-date gain, according to InvestingPro data.

The distributions will be payable on September 10, 2025, to shareholders on record as of August 29, 2025, according to a company press release. With a beta of 3.38 and an "GREAT" financial health score from InvestingPro, investors should note the stock’s higher-than-market volatility profile.

US Financial 15 Split Corp maintains a portfolio consisting of 15 U.S. financial services companies, including major institutions such as American Express, Bank of America, JPMorgan Chase, Goldman Sachs, and Wells Fargo.

Other financial entities in the portfolio include Bank of New York Mellon, Citigroup, CME Group, Fifth Third Bancorp, Morgan Stanley, PNC Financial Services Group, Regions Financial, State Street, SunTrust Banks, and U.S. Bancorp.

The Preferred shares trade under the ticker FTU.PR.B.

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