Core Insights - Medallion Financial (MFIN) has undergone a significant transformation, shifting its focus from lending to taxicab drivers using medallions as collateral to providing loans for home improvements [1] Company Overview - The company originally specialized in financing for taxicab drivers, leveraging their medallions as collateral for loans [1] - The recent pivot towards home improvement loans indicates a strategic shift in the company's business model [1] Investment Focus - The article emphasizes a focus on income investing through various financial instruments, including common shares, preferred shares, and bonds [1]

Core Viewpoint - North American Financial 15 Split Corp. has declared its regular monthly distributions for Class A and Preferred shares, with payments scheduled for November 10, 2025, to shareholders on record as of October 31, 2025 [1][4]. Distribution Details - Class A shares will receive a distribution of $0.11335, which annualizes to $1.3602 [1][4]. - Preferred shares will receive a distribution of $0.07292, which annualizes to $0.875 [1][4]. - The total distributions since inception for Class A shareholders amount to $18.42 per share, while Preferred shareholders have received $12.42 per share, totaling $30.84 combined [2]. Investment Portfolio - The Company invests in a high-quality portfolio of financial services companies, including major Canadian and U.S. issuers such as Bank of Montreal, The Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, Manulife Financial Corporation, Sun Life Financial, Great-West Lifeco, Bank of America, Citigroup Inc., Goldman Sachs Group, JP Morgan Chase & Co., and Wells Fargo & Co. [3].

Core Insights - The focus is on income investing through common shares, preferred shares, or bonds, with occasional analysis of the broader economy or specific company situations [1] Group 1 - The author has a background in history, political science, and an MBA with a specialization in Finance and Economics, indicating a strong analytical foundation [1] - The author has been investing since 2000, suggesting extensive experience in the investment landscape [1] - The author currently serves as the CEO of an independent living retirement community in Illinois, which may provide insights into the healthcare and retirement sectors [1] Group 2 - The author holds a beneficial long position in the shares of BWBBP, indicating a personal investment interest in this company [2] - The article expresses the author's own opinions and is not influenced by compensation from any company mentioned [2] - There is no business relationship with any company whose stock is mentioned, ensuring an independent perspective [2]

Distribution Announcement - Canadian Banc Corp. declares a monthly distribution of $0.14675 for each Class A share and $0.05375 for each Preferred share, payable on July 10, 2025, to shareholders on record as of June 30, 2025 [1][5] Dividend Policy - The monthly dividend for Class A shares is determined by a 15% annualized rate based on the volume weighted average market price (VWAP) over the last 3 trading days of the preceding month, resulting in a dividend of $0.14675 per share based on a VWAP of $11.74 [2] Preferred Shareholder Returns - Preferred shareholders will receive a return of prime plus 1.50%, with a minimum rate of 5.00% and a maximum rate of 8.00% [3] Historical Returns - Since inception, Class A shareholders have received a total of $23.95 per share, while Preferred shareholders have received a total of $11.22 per share, amounting to a combined total of $35.17 [3] Investment Portfolio - The Company invests in a portfolio of six publicly traded Canadian banks, including Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia, and Toronto-Dominion Bank, with share weights expected to range between 5-20% [4] Additional Return Strategy - To generate additional returns above the dividend income, the Company engages in a selective covered call writing program [4]

Distribution Announcement - Canadian Banc Corp. declares a monthly distribution of $0.13700 for each Class A share and $0.05375 for each Preferred share, payable on June 10, 2025, to shareholders on record as of May 30, 2025 [1][5] Dividend Policy - The monthly dividend for Class A shares is determined by a 15% annualized rate based on the volume weighted average market price (VWAP) over the last 3 trading days of the preceding month, resulting in a dividend of $0.13700 per share based on a VWAP of $10.96 [2] Shareholder Returns - Since inception, Class A shareholders have received a total of $23.81 per share, while Preferred shareholders have received a total of $11.16 per share, leading to a combined total of $34.97 [3] Investment Portfolio - The Company invests in a portfolio of six publicly traded Canadian banks, including Bank of Montreal, Canadian Imperial Bank of Commerce, National Bank of Canada, Royal Bank of Canada, Bank of Nova Scotia, and Toronto-Dominion Bank, with share weights expected to range between 5-20% [4] Additional Returns Strategy - To generate additional returns above the dividend income, the Company engages in a selective covered call writing program [4]

Distribution Announcement - Prime Dividend Corp. declares a monthly distribution of $0.06533 for each Class A share and $0.06083 for each Preferred share, payable on June 10, 2025, to shareholders on record as of May 30, 2025 [1][2]. Dividend Policy - The monthly dividend for Class A shares is determined by a 10.00% annualized rate based on the volume weighted average market price (VWAP) over the last 5 trading days of the preceding month, resulting in a dividend of $0.06533 per share based on a VWAP of $7.84 [2]. Historical Returns - Since inception, Class A shareholders have received a total of $14.31 per share, while Preferred shareholders have received $11.20 per share, leading to a combined total of $25.50 [3]. Investment Portfolio - The Company invests in a portfolio of high-yielding Canadian companies across various sectors, including: - **Banks**: Bank of Montreal, Bank of Nova Scotia, CIBC, National Bank of Canada, Royal Bank of Canada, Toronto-Dominion Bank - **Investment Management**: AGF Management Ltd., CI Financial Corp., IGM Financial Inc. - **Life Insurance**: Great-West Lifeco Inc., Manulife Financial Corporation, Sun Life Financial Inc. - **Utilities & Other**: BCE Inc., TransAlta Corp., TC Energy Corp., Power Financial Corp., TMX Group Inc. [3].