TORONTO, Oct. 19, 2023 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. declares its regular monthly distribution of $0.04583 for each Preferred share ($0.550 annually). Distributions are payable November 10, 2023 to shareholders on record as at October 31, 2023.
There will not be a distribution paid to the Class A Shares for October 31, 2023 as per the Prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.00.
Since inception Class A shareholders have received a total of $26.30 per share and Preferred shareholders have received a total of $10.40 per share inclusive of this distribution, for a combined total of $36.70.
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, TC Energy Corporation.
| Distribution Details | |
| Preferred Share (DFN.PR.A) | $0.04583 |
| Record Date: | October 31, 2023 |
| Payable Date: | November 10, 2023 |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.dividend15.com | info@quadravest.com |
