TORONTO, Sept. 18, 2019 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05833 per Equity share. The distribution is payable October 10, 2019 to shareholders on record as of September 30, 2019.

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 September 30, 2019 will receive a dividend of $0.05833 per share based on the VWAP of $7.00 payable on October 10, 2019. 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 $6.96 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 MontrealGreat West Lifeco Inc.TELUS Corporation
BCE Inc.Husky Energy Inc.The Bank of Nova Scotia
CIBCNational Bank of CanadaThe Toronto-Dominion Bank
CI Financial Corp.Power Corporation of CanadaThomson Reuters Corporation
Enbridge Inc.Royal Bank of CanadaTMX Group Inc.
EnCana CorporationLoblaw Companies LimitedTransAlta Corporation
 Sun Life Financial Inc.TC Energy Corporation
Distribution Details

Equity Share (DS)  $0.05833
Ex-Dividend Date:  September 27, 2019
Record Date:  September 30, 2019
Payable Date:  October 10, 2019

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