Dividend 15 Split Corp.

Dividend 15 Split Corp.

August 20, 2014 09:00 ET

Dividend 15 Split Corp.: Declares 125th Consecutive Monthly Distribution

TORONTO, ONTARIO--(Marketwired - Aug. 20, 2014) - Dividend 15 Split Corp. ("Dividend 15") declares its 125th consecutive 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 September 10, 2014 to shareholders on record as of August 29, 2014.

Since inception Class A shareholders have received a total of $16.00 per share (including five special distributions of $0.25 per share, one special distribution of $0.50 per share and one special stock dividend of $1.75 per share) and Preferred shareholders have received a total of $5.49 per share inclusive of this distribution, for a combined total of $21.49 per unit.

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.

Distribution Details:
Class A Share (DFN): $0.10
Preferred Share (DFN.PR.A) $0.04375
Ex-Dividend Date: August 27, 2014
Record Date: August 29, 2014
Payable Date: September 10, 2014

Contact Information

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