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Dividend 15 Split Corp. Declares 157th Consecutive Monthly Distribution

TORONTO, ONTARIO--(Marketwired - Apr 18, 2017) - Dividend 15 Split Corp. declares its 157th consecutive monthly distribution of $0.10000 for each Class A share ($1.20 annually) and $0.04375 for each Preferred share ($0.525 annually). Distributions are payable May 10, 2017 to shareholders on record as at April 28, 2017.

Since inception Class A shareholders have received a total of $19.20 per share and Preferred shareholders have received a total of $6.89 per share inclusive of this distribution, for a combined total of $26.09.

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 Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation, TransAlta Corporation, TransCanada Corporation.

Distribution Details
Class A Share (DFN) $0.10000
Preferred Share (DFN.PR.A) $0.04375
Ex-Dividend Date: April 26, 2017
Record Date: April 28, 2017
Payable Date: May 10, 2017