Dividend 15 Split Corp Announces Monthly Dividend for February 2024

TORONTO, January 18, 2024 — Dividend 15 Split Corp. (the "Company"), has declared a monthly distribution of dividends for its investors. Holders of the Class A shares DVSPF are set to receive a monthly dividend of $0.10000 per share, which amounts to an annualized dividend of $1.20. Likewise, owners of Preferred shares will receive a monthly dividend of $0.04583 per share, equating to an annualized payout of $0.550. These dividends are slated for distribution on February 9, 2024, to all shareholders of record.

Corporate Profile

The Company's portfolio comprises various prominent Canadian corporations across several industries. This includes telecommunications providers such as TELUS Corporation TU and BCE Inc. BCE; financial institutions like The Bank of Nova Scotia BNS, Canadian Imperial Bank of Commerce CM, and Toronto-Dominion Bank TD; and insurance and financial services companies such as Manulife Financial Corporation MFC and Sun Life Financial Inc. SLF.

Beyond the realm of finance, the portfolio encompasses Thomson Reuters Corporation TRI, an international business information services provider; TC Energy Corporation TRP, an integral player in the energy infrastructure sector; and TransAlta Corporation TAC, notable for its diverse electric power generation assets. Enbridge Inc. ENB, another key component of the Company's asset base, is a heavyweight in the energy infrastructure market.

Investment Appeal

Dividend 15 Split Corp. aims to provide a robust investment vehicle for individuals seeking diversified exposure to the Canadian market, while also prioritizing stable and potentially growing dividend income. The dividends declared reflect the Company's commitment to delivering consistent shareholder value, underpinned by its strategic selection of investments in established Canadian companies.

dividend, investment, finance