Dividend 15 Split Corp. Announces Monthly Distributions
Dividend Distribution Overview
Dividend 15 Split Corp. has recently declared its monthly distribution amounting to $0.10000 for each Class A share and $0.05833 for each Preferred share. These distributions illustrate the company's commitment to delivering consistent value to its shareholders.
Distribution Details
The monthly distribution for the Class A shares translates to an annual dividend of $1.20, while the Preferred shares yield an annualized distribution of $0.700. These payments are scheduled to be issued to shareholders after a record date, offering a predictable income stream for investors.
Historical Shareholder Returns
Since its inception, Dividend 15 Split Corp. has rewarded Class A shareholders with $28.30 per share and Preferred shareholders with $11.52 per share. This brings the total return per share to a commendable $39.82. These figures highlight the effectiveness of the company's investment strategy and its reliable performance in the market.
Investment Strategy
Dividend 15 Split Corp. focuses on investing in a high-quality portfolio, comprising some of the leading dividend-yielding Canadian stocks. Notable names in their portfolio include major financial institutions like the Bank of Montreal and the Royal Bank of Canada, as well as other influential companies like BCE Inc. and Enbridge. This diverse range of holdings positions Dividend 15 to capitalize on steady dividend payouts and robust performance in the Canadian market.
Upcoming Payment Schedule
The scheduled payment dates are set for September for the distributions, which can be a highlight for investors looking for monthly income. The record date for this upcoming distribution is set close to the end of the current month, creating a solid timeline for shareholders to receive their dividends. Understanding these timelines is crucial for investors planning their cash flows.
Contact Information
For any inquiries, shareholders can reach out to Investor Relations at 1-877-478-2372 or locally at 416-304-4443. For further information about the company and its investment insights, potential investors can visit the official website.
Frequently Asked Questions
What is the current monthly dividend for Class A shares?
The current monthly dividend for Class A shares is $0.10000.
What does the Preferred share distribution amount to?
The Preferred share distribution is set at $0.05833 per share.
When is the next payment date for dividends?
The next payment date for dividends is scheduled for September 10.
How much have shareholders received in total since inception?
Since inception, Class A shareholders have received $28.30 per share while Preferred shareholders have received $11.52 per share, totaling $39.82.
Which companies are included in the portfolio of Dividend 15 Split Corp.?
The portfolio includes major companies like Bank of Montreal, Royal Bank of Canada, BCE Inc., and Enbridge, among others.
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