TORONTO, Oct. 20, 2025 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05783 per Equity share. The distribution is payable November 10, 2025 to shareholders on record as of October 31, 2025.
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 October 31, 2025 will receive a dividend of $0.05783 per share based on the VWAP of $6.94 payable on November 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 $11.32 per share inclusive of this distribution.
The Company invests in a portfolio of 15 Canadian companies selected from the following company universe which are among the highest Canadian dividend yielding stocks.
Bank of MontrealGreat West Lifeco Inc.TELUS CorporationBCE Inc.Loblaw Companies LimitedThe Bank of Nova ScotiaCIBCNational Bank of CanadaThe Toronto-Dominion BankCenovus Energy Inc.Ovintiv Inc.Thomson Reuters CorporationEnbridge Inc.Power Corporation of CanadaTMX Group Inc. Royal Bank of CanadaTransAlta Corporation Sun Life Financial Inc.TC Energy Corporation
Distribution Details Equity Share (DS)$0.05783 Record Date:October 31, 2025 Payable Date:November 10, 2025
Investor Relations: 1-877-478-2372Local: [email protected]
DIVIDEND SELECT 15 CORP. Declares Monthly Dividend
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Oct 20, 2025 at 1:00 PM
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