TORONTO, ONTARIO--(Marketwire - July 18, 2012) - 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 August 10, 2012 to shareholders on record as at July 31, 2012.
Since inception Class A shareholders have received a total of $6.10 per share and Preferred shareholders have received a total of $3.00 per share inclusive of this distribution, for a combined total of $9.10.
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, The Thomson Corporation, TransAlta Corporation, TransCanada Corporation. Shares held within the portfolio are expected to range between 4-8% in weight but may vary at any time.
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Distribution Details:
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| Class A Share (DF) |
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$0.10000 |
| Preferred Share (DF.PR.A) |
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$0.04375 |
| Ex-Dividend Date: |
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July 27, 2012 |
| Record Date: |
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July 31, 2012 |
| Payable Date: |
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August 10, 2012 |