Dividend 15 Split Corp. Announces Distribution and Portfolio Update

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) — In a recent declaration from Dividend 15 Split Corp. following up on prior announcements dating December 15, 2023, investors received an update concerning dividends. The company has confirmed a monthly distribution set at $0.10000 per Class A share (known as DFN which calculates to an annualized payout of $1.20. Concurrently, the distribution for DFN.PR.A Preferred shares has been established at $0.04583 each, amassing to an annual distribution rate of $0.550.

Dividend 15 Split Corp. Portfolio Constituents

The Dividend 15 Split Corp. portfolio is a diversified assembly of esteemed Canadian corporations whose stock tickers include the likes of BOM, TU, BCE, BNS, CM, and TRI, covering a range of sectors from telecommunications to financial services. Other noteworthy members consist of NTIOF, MFC, RBCPF, SLF, TD, DVSPF, CIXXF, TRP, TAC, and ENB. These corporations span across pivotal industries, ensuring a robust and varied investment platform.

Comprehensive Detailing of Select Portfolio Companies

Within the portfolio, TU represents TELUS Corporation, Vancouver’s proud provider of a full spectrum of telecommunications and IT services. Then, BCE stands for BCE Inc., which offers a vast array of wireless and wireline communication services, alongside TV solutions, headquartered in Verdun. Furthermore, BNS is the financial giant The Bank of Nova Scotia with a comprehensive suite of banking products, hailing from Halifax. Canadian Imperial Bank of Commerce with ticker CM, also part of the portfolio, is one of the diversified financial institutions providing multifaceted financial services, operating out of Toronto.

Diving into other sectors, Thomson Reuters Corporation TRI places its mark globally as a business information service provider. Manulife Financial Corporation MFC and Sun Life Financial Inc. SLF are key players in the financial services industry, delivering insurance and asset management solutions from Toronto. Banks such as TD, representing Toronto-Dominion Bank, have a broad reach in personal and commercial banking across Canada and the United States.

When it comes to energy infrastructure, TRP identifies TC Energy Corporation and TAC with TransAlta Corporation, both entities driving electric power operations from Calgary. Enbridge Inc. ENB rounds out the portfolio as another influential company in the same sector.

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