DS Dividend Select 15 Corp

Globe NewsWire: Dividend Select 15 Corp. (The "Company")  declares its monthly distribution of $0.05892 per Equity share. The distribution is payable April 9, 2020 to shareholders on record as of March 31, 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 March 31, 2020 will receive a dividend of $0.05892 per share based on the VWAP of $7.07 payable on April 9, 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 $7.33 per share inclusive of this distribution.

Since the latter part of February 2020, financial markets have been extremely volatile in response to the developing COVID-19 pandemic and equity markets in particular have experienced significant declines. The investment portfolio of the Company has been subject to these market fluctuations and the net assets of the Company have been materially negatively impacted. The Company’s investment portfolio may continue to experience significant volatility as the situation evolves.

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 MontrealBCE Inc.CIBCCI Financial Corp.Enbridge Inc.EnCana Corporation

Great West Lifeco Inc.Husky Energy Inc.National Bank of CanadaPower Corporation of CanadaRoyal Bank of CanadaLoblaw Companies LimitedSun Life Financial Inc.

TELUS CorporationThe Bank of Nova ScotiaThe Toronto-Dominion BankThomson Reuters CorporationTMX Group Inc.TransAlta CorporationTC Energy Corporation

Distribution Details
Equity Share (DS)	$0.05892
Ex-Dividend Date:	March 30, 2020
Record Date:	March 31, 2020
Payable Date:	April 9, 2020

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