Dividend Select 15 Corp. Declares Monthly Dividend
20 August 2024 - 11:00PM
Dividend Select 15 Corp. (The "Company") declares its monthly
distribution of $0.05133 per Equity share. The distribution is
payable September 10, 2024 to shareholders on record as of
August 30, 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, Equity
shareholders of record on August 30, 2024 will receive a dividend
of $0.05133 per share based on the VWAP of $6.16 payable on
September 10, 2024. 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 $10.55 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. |
Loblaw
Companies Limited |
The Bank
of Nova Scotia |
CIBC |
National
Bank of Canada |
The
Toronto-Dominion Bank |
CI
Financial Corp. |
Ovintiv
Inc. |
Thomson
Reuters Corporation |
Cenovus
Energy Inc. |
Power
Corporation of Canada |
TMX Group
Inc. |
Enbridge
Inc. |
Royal Bank
of Canada |
TransAlta
Corporation |
|
Sun Life
Financial Inc. |
TC Energy
Corporation |
Distribution Details |
|
|
|
Equity Share (DS) |
$0.05133 |
Record Date: |
August 30, 2024 |
Payable Date: |
September 10, 2024 |
|
|
|
|
Investor Relations: 1-877-478-2372Local:
416-304-4443 dividendselect15.cominfo@quadravest.com
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