DS. Dividend Select 15 Corp.

Dividend Select 15 Corp. Declares Monthly Dividend

Dividend Select 15 Corp. Declares Monthly Dividend

TORONTO, March 23, 2020 (GLOBE NEWSWIRE) -- Globe NewsWire: Dividend Select 15 Corp. (The "Company")  declares its monthly distribution of $0.05892 per Equity share. The distribution is payable April 9, 2020 to shareholders on record as of March 31, 2020.

Under the distribution policy announced in September 2014, the monthly dividend payable on the Equity shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Equity shares over the last 3 trading days of the preceding month. As a result, Equity shareholders of record on March 31, 2020 will receive a dividend of $0.05892 per share based on the VWAP of $7.07 payable on April 9, 2020. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

Since inception, Equity shareholders have received a total of $7.33 per share inclusive of this distribution.

Since the latter part of February 2020, financial markets have been extremely volatile in response to the developing COVID-19 pandemic and equity markets in particular have experienced significant declines. The investment portfolio of the Company has been subject to these market fluctuations and the net assets of the Company have been materially negatively impacted. The Company’s investment portfolio may continue to experience significant volatility as the situation evolves.

The Company invests in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

Bank of Montreal

BCE Inc.

CIBC

CI Financial Corp.

Enbridge Inc.

EnCana Corporation
Great West Lifeco Inc.

Husky Energy Inc.

National Bank of Canada

Power Corporation of Canada

Royal Bank of Canada

Loblaw Companies Limited

Sun Life Financial Inc.
TELUS Corporation

The Bank of Nova Scotia

The Toronto-Dominion Bank

Thomson Reuters Corporation

TMX Group Inc.

TransAlta Corporation

TC Energy Corporation



Distribution Details 
  
Equity Share (DS)$0.05892
  
Ex-Dividend Date: March 30, 2020
  
Record Date: March 31, 2020
  
Payable Date: April 9, 2020



Investor Relations: 1-877-478-2372

Local: 416-304-4443

dividendselect15.com 



 

EN
23/03/2020

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Dividend Select 15 Corp.

 PRESS RELEASE

Dividend Select 15 Corp. Declares Monthly Dividend

Dividend Select 15 Corp. Declares Monthly Dividend TORONTO, March 18, 2024 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05175 per Equity share. The distribution is payable April 10, 2024 to shareholders on record as of March 28, 2024.  Under the distribution policy announced in September 2014, the monthly dividend payable on the Equity shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Equity shares over the last 3 trading days of the preceding month. As ...

 PRESS RELEASE

Dividend Select 15 Corp. Financial Results to November 30, 2023

Dividend Select 15 Corp. Financial Results to November 30, 2023 TORONTO, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. ("the Company") announces that its annual financial statements and management report of fund performance for the year ended November 30, 2023 are now available on the Company's website at and will also be available at . For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit . Investor Relations: 1-877-478-2372  Local: 416-304-4443  dividendselect15.com   

 PRESS RELEASE

Dividend Select 15 Corp. Declares Monthly Dividend

Dividend Select 15 Corp. Declares Monthly Dividend TORONTO, Feb. 16, 2024 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05258 per Equity share. The distribution is payable March 8, 2024 to shareholders on record as of February 29, 2024. Under the distribution policy announced in September 2014, the monthly dividend payable on the Equity shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Equity shares over the last 3 trading days of the preceding month. As a result, Equi...

 PRESS RELEASE

Dividend Select 15 Corp. Declares Monthly Dividend

Dividend Select 15 Corp. Declares Monthly Dividend TORONTO, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05175 per Equity share. The distribution is payable February 9, 2024 to shareholders on record as of January 31, 2024.  Under the distribution policy announced in September 2014, the monthly dividend payable on the Equity shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Equity shares over the last 3 trading days of the preceding month. As a result...

 PRESS RELEASE

Dividend Select 15 Corp. At-The-Market Equity Program Renewed

Dividend Select 15 Corp. At-The-Market Equity Program Renewed TORONTO, Dec. 21, 2023 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (the “Company”) announces it has renewed its at-the-market equity program (“ATM Program”) that allows the Company to issue shares of the Company to the public from time to time at the Company’s discretion, effective until January 20, 2026, unless terminated prior to such date by the Company. This program replaces the prior program established in December 2021 that has terminated. Any Equity Shares sold in the ATM Program will be sold through the Toronto Stock E...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch