Market Overview

Dividend Select 15 Corp. Declares Monthly Dividend


TORONTO, Aug. 20, 2018 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.06758 per Equity share. The distribution is payable September 10, 2018 to shareholders on record as of August 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 August 31, 2018 will receive a dividend of $0.06758 per share based on the VWAP of $8.11 payable on September 10, 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 $6.17 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
BCE Inc.
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
TransCanada Corporation

Distribution Details    
Equity Share (DS)
Ex-Dividend Date:
Record Date:
Payable Date:
August 30, 2018
August 31, 2018
September 10, 2018

Investor Relations: 1-877-478-2372       Local: 416-304-4443

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