Dividend 15 Split Corp is a CA-based company operating in industry. The company is headquartered in Toronto, Ontario. The company went IPO on 2004-03-16. Dividend 15 Split Corp. is a Canada-based mutual fund company. The firm invests in an actively managed portfolio of common shares comprised primarily of approximately 15 core large capitalization dividend yielding Canadian companies. The firm employs an active covered call writing program to enhance the income earned from the portfolio. The Company’s objectives in managing its capital are to provide holders of Preferred shares with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to pay holders $10 per Preferred share on or about the termination date, and to provide holders of Class A shares with regular monthly cash distribution targeted to be $0.10 per Class A share and pay holders the original issue price ($15) of the Class A shares on or about the termination date. The manager of the Company and the investment manager is Quadravest Capital Management Inc.
