Le Lézard
Classified in: Business
Subject: v

Dividend Select 15 Corp. Declares Monthly Dividend


TORONTO, May 18, 2018 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.06892 per Equity share. The distribution is payable June 8, 2018 to shareholders on record as of May 31, 2018.

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 May 31, 2018 will receive a dividend of $0.06892 per share based on the VWAP of $8.27 payable on June 8, 2018. 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 $5.96 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 MontrealGreat West Lifeco Inc.TELUS Corporation 
BCE Inc.Husky Energy Inc.The Bank of Nova Scotia 
CIBCNational Bank of CanadaThe Toronto-Dominion Bank 
CI Financial Corp.Power Corporation of CanadaThomson Reuters Corporation 
Enbridge Inc.Royal Bank of CanadaTMX Group Inc. 
EnCana CorporationLoblaw Companies Limited TransAlta Corporation 
 Sun Life Financial Inc.TransCanada Corporation 

 

   
Distribution Details  
   
Equity Share (DS) $0.06892
   
Ex-Dividend Date: May 30, 2018
   
Record Date: May 31, 2018
   
Payable Date: June 8, 2018

Investor Relations: 1-877-478-2372
Local: 416-304-4443
dividendselect15.com
[email protected]


These press releases may also interest you

at 00:25
Shanghai Junshi Biosciences Co., Ltd ("Junshi Biosciences," HKEX: 1877; SSE: 688180), a leading innovation-driven biopharmaceutical company dedicated to the discovery, development, and commercialization of novel therapies, announced its financial...

at 00:24
In the news release, Roborock Reports 2023 Full Year Financial Results, issued 28-Mar-2024 by Roborock over PR Newswire, we are advised by the company that in the first bullet point of "Growth across Product Categories", the USD amount should read...

28 mar 2024
Royal Bank of Canada ("RBC") today announced it has completed the acquisition of HSBC Bank Canada ("HSBC Canada"). "Today marks one of the most exciting times of our 155-year history and a pivotal milestone in our long-term growth story as we...

28 mar 2024
The opening ceremony of the Boao Forum for Asia (BFA) Annual Conference 2024 was held in Boao, south China's Hainan Province on Thursday, with China's top legislator Zhao Leji stressing China's economic potential, appealing to international investors...

28 mar 2024
OKX Ventures, the investment arm of leading Web3 technology company OKX, has issued updates for March 29, 2024. OKX Ventures...

28 mar 2024
Curio Legacy Ventures (Curio), a frontrunner in nuclear technology innovation, proudly announces a strategic partnership with Navarro Research and Engineering, Inc. (Navarro). This collaboration signals a significant step forward in advancing nuclear...



News published on and distributed by: