Dividend 15 Split Corp II

Dividend 15 Split Corp II is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2006-11-16. Dividend 15 Split Corp. II is a mutual fund. The firm invests in a portfolio of 15 dividend-yielding, Canadian companies. The company offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.