The latest announcement is out from Financial 15 Split Corp ( (TSE:FTN) ).
Financial 15 Split Corp. has announced an extension of its termination date from December 1, 2025, to December 1, 2030, allowing shareholders to continue benefiting from leveraged exposure to a portfolio of top-tier financial services companies. This extension is expected to defer potential capital gains tax liabilities for shareholders and allows the company to adjust the minimum dividend rate for Preferred Shares based on market conditions, providing continued financial benefits to its investors.
More about Financial 15 Split Corp
Financial 15 Split Corp. operates in the financial services industry, focusing on providing leveraged exposure to a portfolio of high-quality financial services companies from both Canadian and U.S. issuers. The company offers Class A and Preferred Shares, with a market focus on delivering monthly distributions to its shareholders.
YTD Price Performance: 2.27%
Average Trading Volume: 615
Technical Sentiment Consensus Rating: Sell
For detailed information about FTN stock, go to TipRanks’ Stock Analysis page.