Dividend Growth Split Corp. will list up to an additional 5.09 million Class A shares and up to an additional 6.09 million preferred shares on the Toronto Stock Exchange at the open on Tuesday, Dec. 2, 2014, according to the TSX. As in its Nov. 21, 2014, short form prospectus, Dividend Growth plans to sell up to 6.09 million preferred shares at $10.10 each and up to 5.09 million Class A shares at 9.55 each, raising a maximum of $110,118,500. It has granted the agents an overallotment option to buy up to 763,500 more of each class of share at the same prices for 30 days from the closing of the offering. Preferred shares and Class A shares are issued only on the basis that an equal number of preferred shares and Class A shares will be outstanding at all times.

The company plans to use the money raised to invest further in its portfolio.