Dividend Select 15 Corp. Declares Monthly Dividend

TORONTO, Jan. 20, 2020 — Dividend Select 15 Corp. (The “Company”) declares its monthly distribution of $0.06183 per Equity share. The distribution is payable February 10, 2020 to shareholders on record as of January 31, 2020.

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 January 31, 2020 will receive a dividend of $0.06183 per share based on the VWAP of $7.42 payable on February 10, 2020. 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 $7.21 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)  $0.06183
Ex-Dividend Date: January 30, 2020
Record Date: January 31, 2020
Payable Date: February 10, 2020

Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.dividendselect15.com [email protected]

Dividend Select 15 Corp. Declares Monthly Dividend 1

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