Stocks

Dividend 15 Split Corp. Announces Monthly Dividends for Class A and Preferred Shares

Published February 17, 2024

TORONTO, Feb. 16, 2024 — Dividend 15 Split Corp. has officially declared its monthly dividend payment which is set to benefit holders of both Class A and Preferred shares. For Class A shareholders, a distribution of $0.10000 per share has been announced, equating to an annualized payout of $1.20. Holders of Preferred shares are slated to receive $0.04583 per share monthly, summing up to an annual dividend of $0.550. Eligible shareholders can expect the payment to be made on March 8, 2024.

Detailed Information on Constituent Companies

In relation to the announcement, it's fitting to highlight the variety of companies within Dividend 15 Split Corp.’s investment portfolio. Prominent Canadian telecommunications firms TU and BCE are known for offering a broad spectrum of communication and media services. Regarding the financial sector, esteemed institutions such as BNS, CM, and the globally-recognized MFC, provide a diverse range of banking and financial services. SLF and TD further complement this financial array with their own comprehensive solutions.

Additionally, knowledge and information service provider TRI contributes to the professional landscape. Energy infrastructure is another critical aspect of Dividend 15 Split Corp.’s investment portfolio, featuring companies like TRP, TAC, and ENB, each playing a significant role in North American energy sector.

Dividend, Investment, Finance