Core Viewpoint - Dividend 15 Split Corp. II has renewed its at-the-market equity program, allowing the issuance of shares until July 19, 2027, with a maximum gross proceeds of $350 million [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program established in May 2023 and allows the Company to issue Class A Shares and Preferred Shares at prevailing market prices [1][2]. - Sales will be conducted through the Toronto Stock Exchange or other Canadian marketplaces, with the timing and volume of distributions determined at the Company's discretion [2][3]. - The program is offered under a prospectus supplement dated June 19, 2025, linked to the Company's short form base shelf prospectus dated June 18, 2025 [2]. Group 2: Investment Strategy - The Company primarily invests in a high-quality portfolio of leading Canadian dividend-yielding stocks, including major banks and financial institutions such as Bank of Montreal, Royal Bank of Canada, and CI Financial Corp [4].
Dividend 15 Split Corp. II At-The-Market Equity Program Renewed
Globenewswireยท2025-06-20 13:00