Dividend 15 Split Corp. II

Structured Finance:Split Shares & Funds

Summary

Dividend 15 Split Corp. II is a split share corporation that acquired a portfolio of common shares of 15 dividend-yielding, high-quality Canadian companies by issuing preferred shares and Class A shares. The preferred shares rank in priority to the Class A shares with respect to the payment of dividends and the repayment of capital upon the termination of the corporation.