Dividend Select 15 Corp. Declares Monthly Dividend

TORONTO, ONTARIO -- (Marketwired) -- 11/15/16 -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.06783 per Equity share. The distribution is payable December 9, 2016 to shareholders on record as of November 30, 2016.

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 November 30, 2016 will receive a dividend of $0.06783 per share based on the VWAP of $8.14 payable on December 9, 2016. 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 $4.66 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 Montreal       Great West Lifeco Inc.      TELUS Corporation
         BCE Inc.             Husky Energy Inc.      The Bank of Nova Scotia
                                                      The Toronto-Dominion
           CIBC            National Bank of Canada            Bank
                             Power Corporation of        Thomson Reuters
    CI Financial Corp.              Canada                 Corporation
      Enbridge Inc.          Royal Bank of Canada        TMX Group Inc.
    EnCana Coproration     Loblaw Companies Limited   TransAlta Corporation
                           Sun Life Financial Inc.   TransCanada Corporation

Distribution Details

Equity Share (DS)                                $0.06783

Ex-Dividend Date:                       November 28, 2016

Record Date:                             November 30,2016

Payable Date:                             December 9,2016

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

Source: Dividend Select 15 Corp.

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