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 August 8, 2014
to shareholders on record as at July 31, 2014.


Since inception Class A shareholders have received a total of $8.40 per share
and Preferred shareholders have received a total of $4.05 per share inclusive of
this distribution, for a combined total of $12.45 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.




                                                                
Distribution Details:                                           
Class A Share (DF)              $0.10000                        
Preferred Share (DF.PR.A)       $0.04375                        
Ex-Dividend Date:               July 29, 2014                   
Record Date:                    July 31, 2014                   
Payable Date:                   August 8, 2014                  



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