TORONTO, ONTARIO–(Marketwired – May 17, 2016) – Dividend 15 Split Corp. (“Dividend 15”) declares its 146th 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 June 10, 2016 to shareholders on record as of May 31, 2016.
Since inception Class A shareholders have received a total of $18.10 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 $6.41 per share inclusive of this distribution, for a combined total of $24.51 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: | May 27, 2016 | |
| Record Date: | May 31, 2016 | |
| Payable Date: | June 10, 2016 |
Investor Relations
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416-304-4443
www.dividend15.com
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