Dividend Select 15 Corp. Declares Monthly Dividend

Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.07117 per Equity share. The distribution is payable May 10, 2018 to shareholders on record as of April 30, 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 April 30, 2018 will receive a dividend of $0.07117 per share based on the VWAP of $8.54 payable on May 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 $5.89 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		Great West Lifeco Inc.		TELUS Corporation
BCE Inc.		Husky Energy Inc.		The Bank of Nova Scotia
CIBC		National Bank of Canada		The Toronto-Dominion Bank
CI Financial Corp.		Power Corporation of Canada		Thomson Reuters Corporation
Enbridge Inc.		Royal Bank of Canada		TMX Group Inc.
EnCana Corporation		Loblaw Companies Limited		TransAlta Corporation
		Sun Life Financial Inc.		TransCanada Corporation

 

Distribution Details
Equity Share (DS)		$0.07117
Ex-Dividend Date:		April 27, 2018
Record Date:		April 30, 2018
Payable Date:		May 10, 2018

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