North American Financial 15 Declares June Monthly Payouts for Class A and Preferred Shares

Overview

• North American Financial 15 Split Corp. declared on Thursday that it will pay $0.11335 per Class A share and $0.06250 per Preferred share to holders of record on June 30, 2026 with payments scheduled for July 10, 2026.
• The announcement updates cumulative distributions to date: Class A holders have received $19.33 per share and Preferred holders $12.93 per share, and lists annualized payouts of $1.3602 for Class A and $0.75 for Preferred.
• The fund’s income is generated from a concentrated portfolio of large Canadian and U.S. banks and insurers, a mix that supports yield but raises sector concentration risk for shareholders.
• Related news: Financial 15 Split Corp. completed an overnight offering of Preferred Shares on June 17 that is expected to raise about $107.8 million at $10.78 per share and will be used to buy additional financial-services securities.
• The press release was distributed via GlobeNewswire and includes investor relations contacts for verification; there were no changes to the fund’s distribution policy or portfolio composition in this update.