Dividend 15 Split Corp. Announces Monthly Preferred Share Distribution

TORONTO, June 19, 2024 — Dividend 15 Split Corp. (The "Company") has announced a routine monthly distribution amounting to $0.04583 per Preferred share, summing up to an annual distribution of $0.550. Eligible shareholders, whose records are maintained as of June 28, 2024, will be the distribution recipients, with the payment date set for July 10, 2024.

Company Overview

Dividend 15 Split Corp. is known for its strategic financial operations involving a diversified portfolio that includes some of the most notable names in Canadian business. Among these are telecommunications giants like BCE and TU, known for their robust wireless and internet service offerings, as well as essential TV services. BCE is headquartered in Verdun, while TU operates from Vancouver.

Financial institutions within the company's portfolio such as BNS, CM, TD, and MFC, offer an extensive range of banking services spanning from personal to international banking, with headquarters situated in major Canadian cities like Halifax and Toronto. These institutions are key contributors to the company's overall financial health.

Other Notable Holdings

The company's diversified approach extends to companies like TRI, offering business information services, and SLF, which provides financial solutions globally. Energy infrastructure is another significant area, with companies like TRP, TAC, and ENB playing an important role in their respective segments of the energy market. TRP focuses on vital energy infrastructure in North America, while TAC and ENB boast a range of electric power generation assets and energy pipeline operations, respectively.

Investment Significance

This routine distribution underscores Dividend 15 Split Corp.'s commitment to providing consistent returns to its Preferred shareholders. By holding a diverse set of companies in their repertoire, including in finance RBCPF, CIXXF, and other key markets, the corporation continues to exemplify a robust investment opportunity for those seeking regular dividends and the potential for capital appreciation within the Canadian market.

Dividend, Investment, Shareholders