Dividend Select 15 Corp. Declares Monthly Dividend

TORONTO, ONTARIO -- (Marketwired) -- 06/20/17 -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.07108 per Equity share. The distribution is payable July 10, 2017 to shareholders on record as of June 30, 2017.

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 June 30, 2017 will receive a dividend of $0.07108 per share based on the VWAP of $8.53 payable on July 10, 2017. 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 $5.18 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
        CIBC           National Bank of Canada    The Toronto-Dominion Bank
 CI Financial Corp.      Power Corporation of           Thomson Reuters
                                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)                                                   $0.07108

Ex-Dividend Date:                                              June 28, 2017

Record Date:                                                   June 30, 2017

Payable Date:                                                  July 10, 2017

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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