Dividend 15 Split Corp. declares $0.10 Class A, $0.05833 Preferred monthly payouts, payable Aug. 10. Portfolio includes RY, TD, BCE and other Canadian dividend stocks.
Dividend 15 Split Corp. declared a monthly distribution of $0.10 for each Class A share and $0.05833 for each Preferred share, the company said. The payouts annualize to $1.20 per Class A share and $0.70 per Preferred share.
The distributions are payable Aug. 10 to shareholders of record as of July 31.
Since inception, Class A shareholders have received $29.40 per share and Preferred shareholders $12.16 per share, including the latest distribution, for a combined $41.56.
The fund invests in a portfolio of Canadian dividend stocks. Holdings include Bank of Montreal, Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, TELUS, Thomson Reuters, TransAlta, and TC Energy. Among the holdings, RY carries an Alpha Score of 66 and TD scores 71, both rated Moderate, according to AlphaScala.
Prepared with AlphaScala editorial tooling from the source reporting linked above. Indexable analysis may include a cited Alpha Score value. Publishing checks screen each story before release. Educational coverage, not personalized advice.