Dividend 15 Split Corp.

Dividend 15 Split Corp.

January 18, 2007 09:01 ET

Dividend 15 Split Corp.: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(CCNMatthews - Jan. 18, 2007) - Dividend 15 Split Corp. ("Dividend 15") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable February 9, 2007 to shareholders on record as of January 31, 2007.

Since inception Class A shareholders have received a total of $4.65 per share (including 5 special distributions totaling $1.25 per share) and Preferred shareholders have received a total of $1.51 per share inclusive of this distribution, for a combined total of $6.16.

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 Inc., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, The Thomson Corporation, TransAlta Corporation, TransCanada Corporation. Shares held within the portfolio are expected to range between 4-8% in weight but may vary at any time.

Distribution Details:

Class A Share (DFN): $0.10

Preferred Share (DFN.PR.A) $0.04375

Ex-Dividend Date: January 29, 2007

Record Date: January 31, 2007

Payable Date: February 9, 2007

Contact Information

  • Dividend 15 Split Corp.
    Investor Relations
    (416) 304-4443
    or Toll Free 1-877-4-Quadra (1-877-478-2372)
    Website: www.dividend15.com