Dividend 15 Split Corp. has renewed its at-the-market (ATM) equity program, effective until November 7, 2028, allowing the company to issue up to $600 million in Class A and Preferred Shares through the TSX. The program will be administered by National Bank Financial Inc., with proceeds to be invested in a portfolio of 14 leading Canadian dividend-yielding stocks.

TD Bank Group has committed a second $375,000 investment over three years to support SAIT's My Career Pathways, a free digital skills training platform. The renewed funding brings TD's total investment to $750,000 since 2021. The platform has supported approximately 2,400 individuals and has over 800 active users, helping job seekers and professionals identify skills gaps and explore career-focused training.

TDb Split Corp. announced its regular monthly distribution of $0.05000 per Class A share (annualized at $0.60) and $0.05833 per Priority Equity share (annualized at $0.70), payable October 9, 2026. Since inception, Class A shareholders have received $8.95 per share and Priority Equity shareholders have received $10.37 per share.

Prime Dividend Corp. announced its monthly distribution of $0.13267 per Class A share and $0.05667 per Preferred share, payable October 9, 2026. The Class A dividend is based on a 10% annualized yield calculated from the 5-day VWAP of $15.92. Since inception, Class A shareholders have received $15.86 per share in total distributions.

Canadian Banc Corp. declares monthly distributions of $0.20675 per Class A share and $0.04958 per Preferred share, payable October 9, 2026. Class A dividends are determined by applying a 15% annualized rate on the three-day volume weighted average market price, maintaining a stable 15% yield. The company invests in a diversified portfolio of six major Canadian banks and employs covered call writing strategies to generate additional returns.

North American Financial 15 Split Corp. announced its regular monthly distribution of $0.11335 per Class A share and $0.06250 per Preferred share, payable October 9, 2026. The company maintains a diversified portfolio of 14 major North American financial services companies including Canadian banks and U.S. financial institutions.

Financial 15 Split Corp. announced its regular monthly distribution of $0.12570 per Class A share and $0.06042 per Preferred share, payable October 9, 2026. The fund invests in a diversified portfolio of 14 major financial services companies from Canada and the U.S., with cumulative distributions totaling $42.71 per share since inception.

Irving Forest Products is undertaking a modernization project at its Ashland Sawmill in Maine that will double annual lumber production capacity from 130 million to 250 million board feet. The project, supported by $112.9 million in combined federal and state New Markets Tax Credit allocations, is expected to create and retain 220 permanent full-time jobs while strengthening the regional forest products economy.

Premium Income Corporation announced the establishment of an at-the-market (ATM) equity program effective until October 2, 2028, allowing the Fund to issue up to $250 million in Class A and Preferred Shares through the TSX at prevailing market prices. The program replaces a prior ATM program from August 2024 and will be managed by National Bank Financial Inc. Proceeds will be used according to the Fund's investment objectives, which focus on Canadian bank equities.

TDb Split Corp. announced a share split of its Class A shares, where shareholders will receive 15 additional shares for every 100 held. The company will maintain monthly cash distributions of $0.05 per share, resulting in approximately 15% increase in total distributions through additional share issuance. The split reflects the company's strong performance and is expected to be non-taxable.

The article examines which bank stocks are suitable for long-term investors seeking reliable dividend income. While banks are economically essential, the Great Recession exposed risks in the sector. The author recommends Toronto-Dominion Bank and Bank of Nova Scotia as attractive alternatives to U.S. banks, citing their stronger regulatory environments, dividend resilience, and growth opportunities in the U.S. market.

Premium Income Corporation reported a $69.8 million increase in net assets attributable to Class A shareholders ($3.91 per share) for the six months ended April 30, 2026. The Fund generated $84.3 million in income with $81.3 million in operating profit after expenses. Net assets reached $229.4 million ($12.39 per Class A share). Cash distributions of $0.64 per Preferred share and $0.52 per Class A share were paid during the period.