DFN.PR.A Dividend 15 Split Corp

Dividend 15 Split Corp. (the "Company") is pleased to announce that it has today
completed the overnight offering of 1,866,380 Preferred Shares and 1,866,380
Class A Shares. Total gross proceeds of the offering were $38.4 million(1),
bringing the Company's net assets to approx. $357 million. Shares will continue
to trade on the Toronto Stock Exchange under the existing symbol DFN (Class A
shares) and DFN.PR.A (Preferred Shares).


The Class A shares were offered at a price of $10.75 per share to yield 11.16%
and the Preferred Shares were offered at a price of $10.00 per share to yield
5.25% based on the current distribution policy. The offering was co-led by
National Bank Financial, CIBC World Markets and RBC Capital Markets and also
included BMO Nesbitt Burns Inc. and TD Securities Inc.


The proceeds of the secondary overnight offering, net of expenses and the
Agents' fee, will be used by the Company to invest in an actively managed
portfolio of dividend-yielding common shares which includes each of the 15
Canadian companies listed below. These are currently among the highest
dividend-yielding securities in the S&P/TSX 60 Index:




Bank of Montreal         Enbridge Inc.            TELUS Corporation         
The Bank of Nova Scotia  Manulife Financial Corp. Thomson-Reuters           
                                                  Corporation               
BCE Inc.                 National Bank of Canada  The Toronto-Dominion Bank 
Canadian Imperial Bank   Royal Bank of Canada     TransAlta Corporation     
of Commerce                                                                 
CI Financial Corp.       Sun Life Financial Inc.  TransCanada Corporation   



Since the Company commenced on March 16, 2004, it has exceeded its distribution
objectives. The aggregate dividends paid on Class A shares have been $14.80 per
share, representing 113 regular consecutive monthly distributions, plus six
special distributions. The Preferred Shares have received a total of $4.96 per
share for a combined total distribution of $19.76 per unit paid by the Company.
All distributions have been made in tax advantage eligible Canadian dividends or
capital gains dividends.


Commissions, trailing commissions, management fees and expenses all may be
associated with mutual fund investments. Investors should read the prospectus
before investing. Mutual funds are not guaranteed, their values change
frequently and past performance may not be repeated.


(1) Offering includes public transaction and private placement.

FOR FURTHER INFORMATION PLEASE CONTACT: 
Dividend 15 Split Corp.
Investor Relations
416-304-4443 or 1-877-478-2372
info@dividend15.com
www.dividend15.com

Dividend 15 Split (TSX:DFN.PR.A)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024

Dividend 15 Split (TSX:DFN.PR.A)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024