An anonymous director reports

DIVIDEND 15 SPLIT CORP. DIVIDEND DECLARATIONS/PORTFOLIO UPDATE

Dividend 15 Split Corp. has declared its monthly distribution of 10 cents for each Class A share ($1.20 annualized) and 4.583 cents for each DFN.PR.A preferred share (55 cents annually). Distributions are payable Jan. 10, 2024, to shareholders on record as at Dec. 29, 2023.

The company used available cash on hand to buy back and cancel 1,866,500 Class A shares at an average price of $4.02. The company also purchased and cancelled 672,500 preferred shares at an average price of $9.63. These purchases were made below net asset value in order to enhance the value for remaining shareholders.

Since inception Class A shareholders have received a total of $26.40 per share and preferred shareholders have received a total of $10.49 per share inclusive of this distribution, for a combined total of $36.89.

Dividend 15 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                        
                                            
Class A share (DFN):                10 cents
                                            
Preferred share (DFN.PR.A):      4.583 cents
                                            
Record date:                   Dec. 29, 2023
                                            
Payable date:                  Jan. 10, 2024