TORONTO, June 19, 2024 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.04792 for each Preferred share. Distributions are payable July 10, 2024 to shareholders on record as at June 28, 2024.
There will not be a distribution paid to the Class A Shares for June 28, 2024 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 $14.90 per share and Preferred shareholders have received a total of $9.48 per share inclusive of this distribution, for a combined total of $24.38.
Dividend 15 II 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 (DF.PR.A) | $0.04792 |
| Record Date: | June 28, 2024 |
| Payable Date: | July 10, 2024 |
| Investor Relations: 1-877-478-2372 | Local: 416-304-4443 | www.dividend15.com | info@quadravest.com |
