Dividend Growth Split Corp. Announces Preferred Share Distribution Rate

TORONTO, July 26, 2024 (GLOBE NEWSWIRE) -- (TSX: DGS, DGS.PR.A) Dividend Growth Split Corp. (the “Fund”) announces that the preferred share (the “Preferred Shares”) distribution rate for the next term from September 28, 2024 to August 30, 2029 will be $0.675 per Preferred Share per annum (6.75% on the par value of $10.00) payable quarterly. This represents a pre-tax interest equivalent yield of 8.8% per annum.⁽¹⁾ The Preferred Share distribution rate is based on current market rates for preferred shares with similar terms.