Dividend 15 Split Corp. Declares 155th Consecutive Monthly Distribution

TORONTO, ONTARIO--(Marketwired - Feb. 16, 2017) - Dividend 15 Split Corp. declares its 155th consecutive monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable March 10, 2017 to shareholders on record as at February 28, 2017.

Since inception Class A shareholders have received a total of $19.00 per share and Preferred shareholders have received a total of $6.80 per share inclusive of this distribution, for a combined total of $25.80.

Dividend 15 invests in a high quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TransCanada Corporation.