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Dividend Select 15 Corp. Declares Monthly Dividend

ID: 1393447

(firmenpresse) - TORONTO, ONTARIO -- (Marketwired) -- 10/20/15 -- Dividend Select 15 Corp. (the "Company") declares its monthly distribution of $0.06950 per Equity share. The distribution is payable November 10, 2015 to shareholders on record as of October 30, 2015.

Under the distribution policy announced in September 2014, the monthly dividend payable on the Equity shares is determined by applying a 10% 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 30, 2015 will receive a dividend of $0.06950 per share based on the VWAP of $8.34 over the last 3 trading days in September, payable on November 10, 2015. Effectively, the actual amount of monthly distributions paid will vary with the market price, but the current yield will remain stable at 10% (based on the VWAP) under this distribution policy.

Since inception (November 18, 2010) Equity shareholders have received a total of $3.78 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.





Contacts:
Investor Relations:
1-877-478-2372
Local: 416-304-4443




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drucken  als PDF  an Freund senden  Financial 15 Split Corp. Regular Monthly Dividend Declaration for Class A & Preferred Share
Dream Office REIT October 2015 Monthly Distribution
Bereitgestellt von Benutzer: Marketwired
Datum: 20.10.2015 - 07:00 Uhr
Sprache: Deutsch
News-ID 1393447
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TORONTO, ONTARIO


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Personal Finance


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