Dividend Growth Split Corp. Completes $70 Million Follow-on Offering

Dividend Growth Split Corp. (the “Company”) (TSX: DGS, DGS.PR.A), managed by Brompton Funds Limited, completed a follow-on offering (the “Offering”) of 3,505,000 class A shares and 3,505,000 preferred shares for aggregate gross proceeds of approximately $70 million. The class A shares were offered at a price of $9.90 and the preferred shares were offered at a price of $10.08.

The Company invests in a portfolio of common shares of high quality, large capitalization companies, which have among the highest dividend growth rates of those companies included in the S&P/TSX Composite Index.

The Offering was made on a best efforts agency basis in each of the provinces and territories in Canada through a syndicate of investment dealers led by RBC Capital Markets, CIBC, Scotiabank and TD Securities Inc. and including, BMO Capital Markets, National Bank Financial Inc., GMP Securities L.P., Raymond James Ltd., Canaccord Genuity Corp., Desjardins Securities Inc., Dundee Securities Ltd., Mackie Research Capital Corporation, and Manulife Securities Incorporated.

Wildeboer Dellelce LLP acted for the agents in connection with the Offering with a team that included Ronald Schwass, Geoffrey Cher and Julie Anderson (corporate/securities) and Kevin Fritz (tax).