Stocks

Dividend 15 Split Corp. Announces Dividend Distributions and Updates Portfolio

Published December 21, 2023

TORONTO, Dec. 20, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. made a significant announcement regarding dividend distributions. The company confirmed that as per the declaration on December 15, 2023, there will be a monthly distribution of $0.10000 for each DFN Class A share, amounting to an annualized payout of $1.20. Concurrently, DFN.PR.A Preferred shares are allotted a monthly distribution of $0.04583, which totals an annual dividend of $0.550. This announcement reflects the company's commitment to provide consistent returns to its shareholders.

Portfolio Constituents in Focus

Dividend 15 Split Corp.'s portfolio includes a diversified array of stocks from reputable companies across various sectors. Notable stock tickers include BOM, TU, BCE, BNS, NTIOF, CM, TRI, MFC, RBCPF, SLF, TD, DVSPF, CIXXF, TRP, TAC, and ENB. These companies are well-recognized in their respective industries, ranging from telecommunications to financial services and energy infrastructure.

Telecommunications Giants: TU TELUS Corporation and BCE BCE Inc. are titans in the Canadian telecommunications landscape, offering a comprehensive suite of services including wireless, internet, and TV to a broad customer base.

Banking Heavyweights: Financial institutions such as BNS The Bank of Nova Scotia, CM Canadian Imperial Bank of Commerce, and TD Toronto-Dominion Bank provide a wide array of banking products across North America and beyond, cementing Canada's position in the global financial sector.

Diverse Financial Services: Firms like MFC Manulife Financial Corporation and SLF Sun Life Financial Inc. extend their financial services to international markets, offering insurance and asset management solutions.

Leading Information Provider: TRI Thomson Reuters Corporation is known for its critical business information services across the globe.

Energy Infrastructure Leaders: Companies such as TRP TC Energy Corporation, TAC TransAlta Corporation, and ENB Enbridge Inc. form the backbone of North America's energy infrastructure with their sizable and varied power generation assets.

Dividends, Investment, Finance