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Financial 15 Split Corp. Preferred Share Rate Increase

A high quality portfolio consisting of 15 North American Financial Services Companies

Marketwired

TORONTO, ONTARIO--(Marketwired - Sept. 29, 2017) - Financial 15 Split Corp. (the "Company") is pleased to announce the Preferred Share dividend rate for the fiscal year beginning December 1, 2017. Monthly payments to FTN.PR.A will be $0.04583 per share for an annual yield of 5.50% on their $10 redemption value. This is an increase of one quarter of one percent over the current rate.

The Company invests in an actively managed, high quality portfolio consisting of 15 financial services companies made up of Canadian and U.S. issuers as follows:

Bank of Montreal

National Bank of Canada

Bank of America Corp.

The Bank of Nova Scotia

Manulife Financial Corporation

Citigroup Inc.

Canadian Imperial Bank of Commerce

Sun Life Financial Services of Canada

Goldman Sachs Group Inc.

Royal Bank of Canada

Great-West Lifeco Inc.

JP Morgan Chase & Co.

The Toronto-Dominion Bank

CI Financial Corp.

Wells Fargo & Co.