Dividend 15 Split Corp.

Dividend 15 Split Corp.

October 26, 2006 09:00 ET

Dividend 15 Split Corp.: Special Dividend Declaration

TORONTO, ONTARIO--(CCNMatthews - Oct. 26, 2006) - Dividend 15 Split Corp. ("Dividend 15") declares a special distribution of $0.25 for each Class A share. Distributions are payable November 14, 2006 to shareholders on record as of November 6, 2006.

Since inception Class A shareholders have received a total of $4.35 per share, inclusive of this distribution (including 5 special distributions of $0.25 each per share). The Net Asset Value attributable to the Class A share as of October 13, 2006 was $19.03.

Dividend 15 invests in a high quality portfolio of leading Canadian
dividend-yielding stocks as follows:

Bank of Montreal National Bank of Canada Sun Life Financial

Bank of Nova Scotia CI Financial TELUS Corporation

Canadian Imperial The Thomson
Bank of Commerce BCE Inc. Corporation

Royal Bank of Canada Manulife Financial TransAlta Corporation

Toronto Dominion Bank Enbridge Inc. TransCanada Corporation

Shares held within the portfolio are expected to range between 4-8% in
weight but may vary at any time.

Special Distribution Details:

Class A Share (DFN): $0.25

Ex-Dividend Date: November 2, 2006

Record Date: November 6, 2006

Payable Date: November 14, 2006

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