Financial 15 Split Corp. plans 10% distribution boost via share split

A bold move to reward investors: Class A shareholders may soon see a 10% rise in total payouts. But will the Toronto Stock Exchange approve?

, and Administrator

2026 May 13 . 2:00 AM

1 min read

The image shows an old book with a picture of a New Russia Company Limited stock certificate on it.... — The image shows an old book with a picture of a New Russia Company Limited stock certificate on it. The certificate is printed on a piece of paper with text and numbers written on it, likely indicating the stock price of the company.

Financial 15 Split Corp. has announced plans to split its Class A shares following strong performance. The move aims to increase total distributions for shareholders by around 10%.

The proposed Share Split will grant Class A shareholders 10 additional shares for every 100 they currently hold. Monthly cash distributions will remain at $0.12570 per share after the split. Since the company’s launch, these shareholders have already received $28.57 per share in cash payouts.

The Share Split still requires approval from the Toronto Stock Exchange before taking effect. If approved, the increase in share count will boost overall distributions without altering the per-share payment amount.

The split will raise total distributions by roughly 10% through the issuance of extra shares. Class A investors will keep receiving the same monthly amount per share. The final decision now rests with the Toronto Stock Exchange.