TORONTO, ONTARIO -- (Marketwired) -- 10/19/16 -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.10000 for each Class A share and $0.04375 for each Preferred share. The net asset value at the time of declaration was $15.06. Distributions are payable November 10, 2016 to shareholders on record as at October 31, 2016.
Since inception Class A shareholders have received a total of $10.80 per share and Preferred shareholders have received a total of $5.23 per share inclusive of this distribution, for a combined total of $16.03.
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 27, 2016 Record Date: October 31, 2016 Payable Date: November 10, 2016