Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.06242 per Equity share. The distribution is payable January 10, 2020 to shareholders on record as of December 31, 2019.

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 December 31, 2019 will receive a dividend of $0.06242 per share based on the VWAP of $7.49 payable on January 10, 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 $7.15 per share inclusive of this distribution.

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 Great West Lifeco Inc. TELUS Corporation
BCE Inc. Husky Energy Inc. The Bank of Nova Scotia
CIBC National Bank of Canada  The Toronto-Dominion Bank
CI Financial Corp. Power Corporation of Canada  Thomson Reuters Corporation
Enbridge Inc. Royal Bank of Canada TMX Group Inc.
EnCana Corporation Loblaw Companies Limited TransAlta Corporation
  Sun Life Financial Inc. TC Energy Corporation
Distribution Details    
     
Equity Share (DS)   $0.06242
     
Ex-Dividend Date:    December 30, 2019
     
Record Date:   December 31, 2019
     
Payable Date:    January 10, 2020

Investor Relations: 1-877-478-2372Local: 416-304-4443dividendselect15.com info@quadravest.com

 

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