Dividend 15 Split Corp. Completes Overnight Offering of $142,642,500

Core Viewpoint - Dividend 15 Split Corp. has successfully completed an overnight offering of Preferred Shares, raising total gross proceeds of $142.6 million, which will be used to invest in a high-quality portfolio of dividend-yielding Canadian companies [1][2]. Group 1: Offering Details - The Preferred Shares will trade on the Toronto Stock Exchange under the symbol DFN.PR.A [1]. - The offering was led by National Bank Financial Inc. [1]. Group 2: Investment Portfolio - The portfolio consists of dividend-yielding Canadian companies, including: - Bank of Montreal - Enbridge Inc. - TC Energy - The Bank of Nova Scotia - Manulife Financial Corp. - TELUS Corporation - BCE Inc. - National Bank of Canada - Thomson Reuters Corp. - Canadian Imperial Bank of Commerce - Royal Bank of Canada - The Toronto-Dominion Bank - Sun Life Financial Inc. - TransAlta Corporation [2]. Group 3: Investment Objectives - The investment objectives for the Preferred Shares include: i. Providing holders with fixed, cumulative preferential monthly cash dividends of 7.00% annually based on the original $10 issue price ii. Paying holders the original $10 issue price of those shares on or about the termination date, currently set for December 1, 2029, with potential for further extensions [4].