TORONTO, ONTARIO--(Marketwired - Oct. 20, 2014) - Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable November 10, 2014 to shareholders on record as at October 31, 2014.
Since inception Class A shareholders have received a total of $8.70 per share and Preferred shareholders have received a total of $4.18 per share inclusive of this distribution, for a combined total of $12.88 per unit.
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, TransCanada Corporation.
| Distribution Details: |
|
| Class A Share (DF) |
$0.10000 |
| Preferred Share (DF.PR.A) |
$0.04375 |
| Ex-Dividend Date: |
October 29, 2014 |
| Record Date: |
October 31, 2014 |
| Payable Date: |
November 10, 2014 |