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Subject: v

Dividend Select 15 Corp. Declares Monthly Dividend


TORONTO, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.06250 per Equity share. The distribution is payable March 10, 2020 to shareholders on record as of February 28, 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 February 28, 2020 will receive a dividend of $0.06250 per share based on the VWAP of $7.50 payable on March 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 $7.27 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 LimitedTransAlta Corporation
 Sun Life Financial Inc.TC Energy Corporation


Distribution Details  
  
Equity Share (DS) $0.06250
Ex-Dividend Date: February 27, 2020
Record Date: February 28, 2020
Payable Date:March 10, 2020


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


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