Dividend 15 Split Corp.
TSX : DFN
TSX : DFN.PR.A

Dividend 15 Split Corp.

May 18, 2012 09:00 ET

Dividend 15 Split Corp.: Regular Monthly Dividend Declaration

TORONTO, ONTARIO--(Marketwire - May 18, 2012) - 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 June 8, 2012 to shareholders on record as of May 31, 2012.

Since inception Class A shareholders have received a total of $13.30 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 $4.31 per share inclusive of this distribution, for a combined total of $17.61 per share.

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, 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: May 29, 2012
Record Date: May 31, 2012
Payable Date: June 8, 2012

Contact Information

  • Dividend 15 Split Corp.
    Investor Relations
    416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372)
    www.dividend15.com