{"id":384036,"date":"2020-11-18T09:03:24","date_gmt":"2020-11-18T14:03:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=384036"},"modified":"2020-11-18T09:03:24","modified_gmt":"2020-11-18T14:03:24","slug":"dividend-select-15-corp-declares-monthly-dividend-4","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/dividend-select-15-corp-declares-monthly-dividend-4\/","title":{"rendered":"Dividend Select 15 Corp. Declares Monthly Dividend"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">TORONTO, Nov.  18, 2020  (GLOBE NEWSWIRE) &#8212; Dividend Select 15 Corp. (The &#8220;Company&#8221;) declares its monthly distribution of $0.05050 per Equity share. The distribution is payable December 10, 2020 to shareholders on record as of November 30, 2020.<\/p>\n<p align=\"justify\">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 November 30, 2020 will receive a dividend of $0.05050 per share based on the VWAP of $6.06 payable on December 10, 2020. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.<\/p>\n<p align=\"justify\">Since inception, Equity shareholders have received a total of $7.73 per share inclusive of this distribution.<\/p>\n<p align=\"justify\">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.<\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:33%;width:33%;min-width:33%;border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Bank of Montreal<\/td>\n<td style=\"max-width:34%;width:34%;min-width:34%;border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Great West Lifeco Inc.<\/td>\n<td style=\"max-width:33%;width:33%;min-width:33%;text-align: center;vertical-align: middle;vertical-align: middle\">TELUS Corporation<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">BCE Inc.<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Husky Energy Inc.<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">The Bank of Nova Scotia<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">CIBC<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">National Bank of Canada<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">The Toronto-Dominion Bank<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">CI Financial Corp.<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Power Corporation of Canada<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">Thomson Reuters Corporation<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Enbridge Inc.<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Royal Bank of Canada<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">TMX Group Inc.<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">EnCana Corporation<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Loblaw Companies Limited<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">TransAlta Corporation<\/td>\n<\/tr>\n<tr>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-right: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">Sun Life Financial Inc.<\/td>\n<td style=\"text-align: center;vertical-align: middle;vertical-align: middle\">TC Energy Corporation<\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        \n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:50%;width:50%;min-width:50%;border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">\n            <em><br \/>\n              <strong>Distribution Details<\/strong><br \/>\n            <\/em>\n          <\/td>\n<td style=\"max-width:50%;width:50%;min-width:50%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Equity Share (DS)<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>$0.05050<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Ex-Dividend Date:<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>November 27, 2020<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"vertical-align: middle\">\n            <strong>Record Date:<\/strong>\n          <\/td>\n<td style=\"text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>November 30, 2020<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"border-bottom: solid black 1pt;vertical-align: middle\">\n            <strong>Payable Date:<\/strong>\n          <\/td>\n<td style=\"border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle\">\n            <strong>December 10, 2020<\/strong>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"justify\">\n        <br \/>Investor Relations: 1-877-478-2372<br \/>Local: 416-304-4443<br \/>dividendselect15.com<br \/>info@quadravest.com<\/p>\n<p align=\"justify\">\n        \n      <\/p>\n<p>      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODA4ODAxOSMzODMyNTExIzIwOTEwNzc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/98c1d100-bad9-4f35-80bc-184e3c4ef496\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; Dividend Select 15 Corp. (The &#8220;Company&#8221;) declares its monthly distribution of $0.05050 per Equity share. The distribution is payable December 10, 2020 to shareholders on record as of November 30, 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 November 30, 2020 will receive a dividend of $0.05050 per share based on the VWAP of $6.06 payable on December 10, 2020. The yield will remain stable at &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dividend-select-15-corp-declares-monthly-dividend-4\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Dividend Select 15 Corp. Declares Monthly Dividend&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-384036","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dividend Select 15 Corp. Declares Monthly Dividend - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/dividend-select-15-corp-declares-monthly-dividend-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dividend Select 15 Corp. Declares Monthly Dividend - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"TORONTO, Nov. 18, 2020 (GLOBE NEWSWIRE) &#8212; Dividend Select 15 Corp. (The &#8220;Company&#8221;) declares its monthly distribution of $0.05050 per Equity share. The distribution is payable December 10, 2020 to shareholders on record as of November 30, 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 November 30, 2020 will receive a dividend of $0.05050 per share based on the VWAP of $6.06 payable on December 10, 2020. The yield will remain stable at &hellip; Continue reading &quot;Dividend Select 15 Corp. 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