Newsletter logo   Search News     Daily News   

Published:

Dividend 15 Split Corp.: Regular Monthly Dividend Declaration


TORONTO, ONTARIO - (Marketwire - Aug. 20, 2008) - Dividend 15 Split Corp. ("Dividend 15") 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 September 10, 2008 to shareholders on record as of August 29, 2008.

Since inception Class A shareholders have received a total of $8.80 per share (including five special distributions of $0.25 per share, one special distribution of $0.50 per share and one special stock dividend of $1.75 per share) and Preferred shareholders have received a total of $2.34 per share inclusive of this distribution, for a combined total of $11.14 per share.

Dividend 15 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 Income Fund, 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.


Distribution Details:

Class A Share (DFN):               $0.10
Preferred Share (DFN.PR.A)         $0.04375
Ex-Dividend Date:                  August 27, 2008
Record Date:                       August 29, 2008
Payable Date:                      September 10, 2008

Website: www.dividend15.com

Tags: ,Financial Services,Personal Finance,DIVIDENDS

  care2 logo  digg logo  
 


Be Interviewed today

Editorial Cartoons
Political Cartoons

newsletter logo
Get Chitika Premium



Sponsor Links:

Writers Wanted
Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer
Relevant Sites:
NewsBlaze 
Copyright © 2004-2009 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy       Support    Press Room