DIVIDEND SELECT 15 CORP. Declares Monthly Dividend
December 19 2024 - 8:00AM
Dividend Select 15 Corp. (The "Company") declares its monthly
distribution of $0.05708 per Equity share. The distribution is
payable January 10,
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 December 31, 2024 will receive a dividend
of $0.05708 per share based on the VWAP of $6.85 payable on January
10, 2025. 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 $10.77 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 MontrealBCE Inc.CIBCCI Financial Corp.Cenovus Energy
Inc.Enbridge Inc. |
Great West Lifeco Inc.Loblaw Companies LimitedNational Bank of
CanadaOvintiv Inc.Power Corporation of CanadaRoyal Bank of
CanadaSun Life Financial Inc. |
TELUS CorporationThe Bank of Nova ScotiaThe Toronto-Dominion
BankThomson Reuters CorporationTMX Group Inc.TransAlta
CorporationTC Energy Corporation |
Distribution Details |
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Equity Share (DS) |
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$0.05708 |
Record Date: |
|
December 31, 2024 |
Payable Date: |
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January 10, 2025 |
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Investor Relations: 1-877-478-2372Local:
416-304-4443dividendselect15.cominfo@quadravest.com
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