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

TORONTO, March 18, 2024 — Dividend 15 Split Corp. II (DVSPF) has announced its monthly dividend distribution, declaring a sum of $0.10000 per Class A share and $0.04792 per Preferred share. This upcoming dividend will be disbursed on April 10, 2024, to all shareholders on record by the close of business on March 28, 2024. The announcement reflects the company's ongoing commitment to providing consistent returns to its shareholders.

Overview of Dividend 15 Split Corp. II

Dividend 15 Split Corp. II is a prominent investment fund that aims to provide holders of Class A and Preferred shares with high monthly distributions and the potential for capital appreciation. By primarily investing in a portfolio consisting of 15 Canadian companies, it targets reliable dividend payers across various sectors.

Portfolio Composition and Top Holdings

The diverse portfolio of DVSPF includes a selection of leading Canadian corporations, known for their stable dividends. Some of the notable holdings and their respective operations are:

• BOM - Bank of Montreal, providing diversified financial services.
• TU - TELUS Corporation, specializing in telecommunications and IT services with headquarters in Vancouver, Canada.
• BCE - BCE Inc., offering wireless and wireline internet and TV services, based in Verdun, Canada.
• BNS - The Bank of Nova Scotia, delivering international banking products, based in Halifax, Canada.
• NTIOF - National Bank of Canada, offering comprehensive financial services.
• CM - Canadian Imperial Bank of Commerce, a diversified financial institution headquartered in Toronto, Canada.
• TRI - Thomson Reuters Corporation, providing business information services globally.
• MFC - Manulife Financial Corporation, offering financial and insurance services across Asia, Canada, and the US.
• RBCPF - Royal Bank of Canada Preferred Equity, a leading provider of diversified financial services.
• SLF - Sun Life Financial Inc., a global financial services and insurance company based in Toronto, Canada.
• TD - Toronto-Dominion Bank, offering banking services in Canada and the US, with headquarters in Toronto, Canada.
• CIXXF - CI Financial Corp, an independent company offering global asset management and wealth management advisory services.
• TRP - TC Energy Corporation, a major player in energy infrastructure located in Calgary, Canada.
• TAC - TransAlta Corporation, dealing with electric power generation in Canada, the US, and Australia.
• ENB - Enbridge Inc., an energy infrastructure pioneer headquartered in Calgary, Canada.

Investment Considerations

Investors seeking monthly income along with the potential for capital gains might find DVSPF an attractive option, especially considering its diversified investment in highly regarded companies. As with any investment product, it is important for individuals to consider their own financial situation and consult with a financial advisor before making investment decisions.

Dividend, Investment, Finance