An anonymous director reports

DIVIDEND 15 SPLIT CORP. II REGULAR MONTHLY DIVIDEND DECLARATION FOR PREFERRED SHARE

Dividend 15 Split Corp. II has declared its regular monthly distribution of 4.792 cents for each preferred share. Distributions are payable July 10, 2023, to shareholders on record as at June 30, 2023.

There will not be a distribution paid to the Class A shares for June 30, 2023, as per the prospectus which states no regular monthly dividends will be paid on the Class A shares in any month as long as the net asset value per unit is equal to or less than $15.

Since inception Class A shareholders have received a total of $14.70 per share and preferred shareholders have received a total of $8.91 per share, inclusive of this distribution, for a combined total of $23.61.

Dividend 15 II invests in a high-quality portfolio of leading Canadian dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank, National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial, Enbridge, Sun Life Financial, Telus Corp., Thomson Reuters Corp., TransAlta Corp., TC Energy Corp.

          DISTRIBUTION DETAILS                    
                                       
Preferred share (DF.PR.A):   4.792 cents                                    
Record date:               June 30, 2023                                       
Payable date:              July 10, 2023