Dividend 15 Split Corp. II: Regular Monthly Dividend Declaration for Class A and Preferred Share

Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly
distribution of $0.10 for each Class A share ($1.20 annually) and $0.04375 for
each Preferred share ($0.525 annually). Distributions are payable June 10, 2014
to shareholders on record as at May 30, 2014.


Since inception Class A shareholders have received a total of $8.20 per share
and Preferred shareholders have received a total of $3.96 per share inclusive of
this distribution, for a combined total of $12.16 per unit.


Dividend 15 II invests in a high quality portfolio of leading Canadian
dividend-yielding stocks as follows: Bank of Montreal, Bank of Nova Scotia,
Canadian Imperial Bank of Commerce, Royal Bank of Canada, Toronto-Dominion Bank,
National Bank of Canada, CI Financial Corp., BCE Inc., Manulife Financial,
Enbridge, Sun Life Financial, TELUS Corporation, Thomson Reuters Corporation,
TransAlta Corporation, TransCanada Corporation. Shares held within the portfolio
are expected to range between 4-8% in weight but may vary at any time.




Distribution Details:                                                       
Class A Share (DF)                                                  $0.10000
Preferred Share (DF.PR.A)                                           $0.04375
Ex-Dividend Date:                                               May 28, 2014
Record Date:                                                    May 30, 2014
Payable Date:                                                  June 10, 2014



FOR FURTHER INFORMATION PLEASE CONTACT: 
Dividend 15 Split Corp. II
Investor Relations
416-304-4443
Toll Free: 1-877-4-Quadra (1-877-478-2372)
www.dividend15.com