News

Dividend Select 15 Corp. Announces Monthly Dividend

Dividend Select 15 Corp. Announces Monthly Dividend

Dividend Select 15 Corp. Announces Monthly Dividend

Dividend Select 15 Corp. has declared a monthly distribution of $0.05133 for each Equity share. This distribution will be payable to shareholders who are on record as of the end of August.

Dividend Calculation Policy

According to the distribution policy, the monthly dividend for Equity shares is calculated using a 10.00% annualized rate applied to the volume weighted average market price (VWAP) of the Equity shares over the last three trading days of the previous month. Shareholders on record will receive a dividend of $0.05133 per share, based on a VWAP of $6.16. This policy ensures that the yield remains consistent at 10.00%.

Shareholder Returns

Since the company's inception, Equity shareholders have received a total of $10.55 per share, which includes this latest distribution.

Investment Focus

The Company focuses on investing in a portfolio of 15 Canadian companies, carefully selected from a pool of 20 firms known for their high dividend yields. This approach enables the Company to maintain a robust presence in the Canadian market.

List of Companies in Portfolio

The portfolio features prominent companies such as Bank of Montreal, BCE Inc., and Royal Bank of Canada, among others, all targeting strong dividend performance.

Distribution Details

Monthly Dividend Information

Equity Share (DS): $0.05133

Record Date: End of August

Payable Date: September

Contact Information

Investor Relations: 1-877-478-2372
Local: 416-304-4443
Email: info@quadravest.com

Frequently Asked Questions

What is the dividend amount declared by Dividend Select 15 Corp.?

The declared monthly dividend is $0.05133 per Equity share.

When is the dividend payable?

The dividend is payable on September 10 of the upcoming month.

What is the record date for the dividend?

The record date is at the end of August.

How is the dividend calculated?

The dividend is calculated based on a 10.00% annualized rate applied to the VWAP over the last 3 trading days.

How much have shareholders received in total since inception?

Shareholders have received a total of $10.55 per share, including this distribution.

About The Author

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.

Top 10 Most Recent News Articles

Global Vineyards List: New Entrants & Rankings Unveiled

Updated Category News Views 93

Vineyards' Global Ranking Unveiled Wine enthusiasts and globetrotters have something to toast about this November. The 50 Best Vineyards just expanded its ranking to reveal the vineyards sitting in spots 51 through 100 for 2026. This list, spotlighting some of the globe's finest wine destinations, precedes the main awards ceremony set for November 18 in Santiago, Chile....

Continue Reading
Family-Run Pet Retailer Debuts in Alamo Ranch

Updated Category News Views 37

Pet Supplies Plus Opens Its Doors in Alamo Ranch A fresh wave of pet-centered enthusiasm hit Alamo Ranch as Ray and Naz, proud local entrepreneurs, unveiled their new Pet Supplies Plus store on October 23. This isn't just any run-of-the-mill pet supply shop; it's a reflection of their personal journey as devoted pet parents. With a blend of grit and community spirit,...

Continue Reading
Onodrim Raises $300M to Propel EU Defence Future

Updated Category News Views 157

Onodrim Industries' Bold Bid to Reshape European Security Right out of the gate, Onodrim Industries is thundering onto the scene with a hefty $300 million Series A round to flex its muscles across Europe's defence and industrial sectors. This ain't your run-of-the-mill startup story. This is about flexing hard-earned capital to snap up established players and inject a...

Continue Reading
Middleby Under Scrutiny: Shareholder Investigation Alert

Updated Category News Views 56

Middleby Shareholders in the Crosshairs There's hot soup boiling over at The Middleby Corporation (NASDAQ: MIDD). A shareholder investigation is underway, spearheaded by Purcell & Lefkowitz LLP, a firm that jumps into the fray when there’s a whiff of fiduciary breaches in corporate dealings. As I see it, this kind of legal sniffing around often stirs the pot—raising...

Continue Reading
Edgewise Therapeutics' Investor Play: What's the Buzz?

Updated Category News Views 16

Edgewise Therapeutics Maps Out Investor Terrain Alright, Edgewise Therapeutics, folks. They're shaking things up, and I mean that literally and figuratively. This clinical-stage cardiac biotech isn’t just sitting on its hands; they're out there hustling at the Guggenheim 3rd Annual Healthcare Innovation Conference. Buckle up, because the heart of their...

Continue Reading
California Credit Union's Toy Drive Brings Holiday Cheer

Updated Category News Views 7

California Credit Union Joins Forces for Holiday Toy Drive Alright, folks, here’s a story with a feel-good spin straight out of Glendale. California Credit Union is at it again, teaming up with the Los Angeles Boys & Girls Club to sprinkle some holiday magic on local kiddos and their families. Now, it’s the sixth year straight they’ve pulled off this toy drive...

Continue Reading
Weinberger Law Group Secures Top Tier Family Law Ranking

Updated Category News Views 42

A Testament to Legal Mastery: Weinberger's Latest Accolade In the crowded field of family law, standing out takes more than legal chops. Services have to resonate deeply with the real-life messiness of people's lives. That's what makes Weinberger Divorce & Family Law Group's ranking on the 2027 Best Law Firms® list a real feather in their cap. They're holding down Tier 1...

Continue Reading
Gildan Faces Class Action Over Alleged Market Missteps

Updated Category News Views 6

Legal Storm Brews Over Gildan's Securities Conduct Listen, investors are no strangers to turbulence. But when a company's integrity takes a nosedive, that's when things get precarious fast. Gildan Activewear Inc. (NYSE: GIL) finds itself neck-deep in legal trouble, thanks to alleged securities law violations. On November 9, 2026, DJS Law Group got the ball rolling on a...

Continue Reading
Xiaomi's Smart Auto Factory Draws Global Media Praise

Updated Category News Views 202

Xiaomi Impresses Global Media in Beijing Factory Tour In the ever-changing world of NEVs (New Energy Vehicles), a tour of Xiaomi's smart auto factory in Beijing has made waves among global media folks. These scribes got an up-close look at Xiaomi's magic mix of tech and style on November 6, part of a grand media gathering. What's Under the Hood? Marcos Costa de Oliveira,...

Continue Reading
Empyrean Eases Public Sector Benefits with OMNIA Deal

Updated Category News Views 35

In a world where bureaucratic red tape often chokes efficiency, Empyrean throws a lifeline to public sector bodies. They've nabbed a cooperative purchasing contract with OMNIA Partners, dialing down the procurement guts to make benefits administration easier for government and education folks. Streamlining Public Sector Procurement Public sector organizations ain't...

Continue Reading

Top 5 Most Recently Viewed Articles

Vyin AI: Redefining Entertainment Experience with Advanced AI

Updated Category News Views 343

Innovative AI Transforming Audience Engagement Vyin AI is pioneering the integration of artificial intelligence and entertainment, creating hyper-personalized interactions that enhance the user experience. With a mission to revolutionize the way audiences connect with their favorite celebrities, Vyin AI seeks to bridge the gap between technology and entertainment....

Continue Reading
Significant Breakthrough in Rare Liver Disease Treatment

Updated Category News Views 169

Bylvay® Gains Approval for Rare Liver Disease Treatment in Japan Bylvay® emerges as the first once-daily ileal bile acid transport inhibitor approved for treating pruritus associated with progressive familial intrahepatic cholestasis (PFIC) in Japan. This groundbreaking treatment provides families with an essential non-surgical option for managing PFIC, a serious liver...

Continue Reading
Richardson Electronics Showcases Strong Q4 Growth & Dividend

Updated Category News Views 199

Richardson Electronics' Financial Highlights Richardson Electronics, Ltd. (NASDAQ: RELL) has shown remarkable growth in its fourth quarter and full fiscal year, with net sales hitting $51.9 million. This represents a solid 9.5% increase compared to the previous year's fourth quarter, showcasing the steady resilience of the company even amid market challenges. Key...

Continue Reading
Market Volatility Ahead of Jobs Report: Insights for Investors

Updated Category News Views 83

Market Trends and Investor Sentiments U.S. stock futures have taken a hit as investors brace for important economic reports that could shape the Federal Reserve's interest rate decisions. The focus is on a key jobs report that might reveal the current state of the labor market and the overall health of the economy. Impact on Major Indices Tech stocks are particularly...

Continue Reading
Andy Saperstein to Address Key Financial Services Conference

Updated Category News Views 360

Andy Saperstein: Keynote Speaker at Financial Services Conference Andy Saperstein, the Co-President of Morgan Stanley, is set to present at the highly anticipated BofA Securities 2025 Financial Services Conference. The event is scheduled for February 11, 2025, at 9:40 a.m. ET. What to Expect from the Conference This conference promises to be a pivotal event for financial...

Continue Reading