Dividend Select 15 Corp. Announces Monthly Equity Distribution

Author: Caleb Price Updated: 10-20-2025 09:02 AM

Dividend Select 15 Corp. Announces Monthly Distribution

TORONTO – Dividend Select 15 Corp. is excited to announce its latest monthly dividend distribution of $0.05783 per Equity share. This distribution will be paid out on November 10 to all shareholders who are on record as of the end of this month, October 31.

Dividend Distribution Policy

Since the introduction of its distribution policy in 2014, Dividend Select 15 Corp. has established a consistent method for determining monthly dividends. This approach applies a 10.00% annualized rate based on the volume weighted average market price (VWAP) of Equity shares over the last three trading days of the previous month. As a result, the announced dividend of $0.05783 per share reflects the VWAP of $6.94.

Understanding the Dividend Yield

Investors can anticipate that this yield will be stable at 10.00%, providing a reliable return on investment for all Equity shareholders.

Shareholder Returns

Since its inception, Equity shareholders have seen a total return of $11.32 per share, which includes this latest distribution. This reflects the commitment of Dividend Select 15 Corp. to provide meaningful payouts to its investors.

Investment Portfolio Composition

The company strategically invests in a well-diversified portfolio comprising 15 high-yielding Canadian stocks, carefully selected to enhance overall returns. Here are notable mentions from the portfolio:

Bank of Montreal
Great West Lifeco Inc.
TELUS Corporation
BCE Inc.
Loblaw Companies Limited
The Bank of Nova Scotia
CIBC
National Bank of Canada
The Toronto-Dominion Bank
Cenovus Energy Inc.
Ovintiv Inc.
Thomson Reuters Corporation
Enbridge Inc.
Power Corporation of Canada
TMX Group Inc.
Royal Bank of Canada
TransAlta Corporation
Sun Life Financial Inc.
TC Energy Corporation

Distribution Details

Here are the essential details regarding the latest distribution:

Equity Share (DS): $0.05783
Record Date: October 31
Payable Date: November 10

Contact Information

For more information, investors can reach out to Dividend Select 15 Corp. through the following channels:

Investor Relations: 1-877-478-2372
Local: 416-304-4443
Website: dividendselect15.com
Email: info@quadravest.com

Frequently Asked Questions

What is the monthly dividend announced by Dividend Select 15 Corp.?

The company has declared a monthly dividend of $0.05783 per Equity share.

When will the dividend be paid out to shareholders?

The dividend will be payable on November 10 to shareholders of record as of October 31.

How is the dividend amount determined?

The dividend is based on a 10.00% annualized rate calculated from the volume weighted average market price over the last three trading days of the previous month.

What has been the total shareholder return since inception?

Equity shareholders have received a total of $11.32 per share since the company's inception.

Which companies are included in the investment portfolio?

Dividend Select 15 Corp. invests in 15 high-yield Canadian stocks, such as Bank of Montreal, TELUS Corporation, and The Toronto-Dominion Bank.

About The Author

Hey there I'm Caleb Price, a writer and financial specialist who loves to assist others in understanding the financial world. Having years of practical experience and a solid background in finance, my area of expertise is converting difficult financial ideas into useful, doable insights for my blog and publications. My goal with my writing is to give readers the information and assurance they need to successfully negotiate their financial journeys.

My ability to interact with a wide range of people—from novices starting their investing journey to seasoned investors looking for new approaches—has come from contributing to several financial blogs. Making money approachable and understandable is my goal; this will enable you to make wise choices and realize your financial objectives. We appreciate you coming along on this path to success and financial empowerment on Investors Hangout.

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