TORONTO, ONTARIO--(Marketwired - May 17, 2016) - North American Financial 15 Split Corp. (the "Company") declares its regular monthly distribution of $0.04375 for each Preferred share ($0.525 annually). Distributions are payable June 10, 2016 to shareholders on record as at May 31, 2016.
There will not be a distribution paid to the Class A Shares for May 31, 2016 as per the Prospectus which states no regular monthly dividends will be paid on the Class A Shares in any month as long as the net asset value per unit is equal to or less than $15.00.