Overview
Description
Dividend 15 Split Corp II is a split share corporation that aims to provide shareholders with attractive dividend income and potential for capital appreciation. The primary function of this asset is to invest in a diversified, high-quality portfolio of Canadian dividend-paying stocks, which are carefully selected for their industry leadership and stability. This corporation specifically focuses on major sectors such as finance, telecommunications, energy, and utilities, thereby diversifying risk and enhancing potential returns through different economic cycles.
Notably, the structure of Dividend 15 Split Corp II facilitates the distribution of dividends through its Preferred Shares, which receive fixed, cumulative monthly distributions, as well as through its Class A Shares, which provide variable payments depending on performance. This dual-share approach allows investors to select a mix of income and growth that aligns with their investment goals. In the market, Dividend 15 Split Corp II plays a significant role by offering a vehicle for investors seeking regular income from blue-chip Canadian equities, while simultaneously allowing for participation in potential capital gains, thus attracting interest from both income-focused and growth-oriented investors.
About
Address
200 Front Street West
Suite 2510, P.O. Box 51
Toronto, M5V 3K2, ON
Canada
Suite 2510, P.O. Box 51
Toronto, M5V 3K2, ON
Canada
Phone
416-304-4440
Website
Instrument type
Closed-end fund
Country
Canada
MIC code
XTSE