Northwire Canada EditionThursday, July 16, 2026
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Financings

Dividend 15 Split Corp. At-The-Market Equity Program Renewed

DFN · Price

Executive Summary

  • Dividend 15 Split Corp. announced the renewal of its at‑the‑market (ATM) equity program, effective until October 6 2026.
  • The new ATM program replaces the prior September 2024 program and authorizes up to $600 million in gross proceeds from the sale of Class A and Preferred Shares.
  • Proceeds will be used to fund the Company’s investment objectives within its dividend‑yielding equity portfolio.

Key Details

  • The ATM Program is governed by an equity distribution agreement dated November 26 2025 with National Bank Financial Inc. (the “Agent”).
  • Sales will occur on the Toronto Stock Exchange or any other Canadian marketplace where the shares are listed, at prevailing market prices.
  • Maximum gross proceeds authorized: $600,000,000.
  • The program is offered pursuant to a prospectus supplement dated November 26 2025, amending the short‑form base shelf prospectus originally filed on September 6 2024 (amended November 21 2025).
  • Volume and timing of share distributions are at the Company’s sole discretion.
  • Use of proceeds: to be applied in accordance with Dividend 15 Split Corp.’s investment objectives and strategies, subject to its investment restrictions.
  • The Company’s portfolio includes leading Canadian dividend‑yielding stocks such as Bank of Montreal, Royal Bank of Canada, BCE Inc., Enbridge Inc., TC Energy Corporation, among others.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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