OVERVIEW

PORTFOLIO UNIVERSE

Dividend Select 15 Corp. was created to provide investors with an opportunity to invest in a portfolio of 15 high quality Canadian companies selected from a 20 company universe, whose shares offer attractive dividend yields, have shown solid earnings growth and have a history of capital appreciation.

 

Trading Symbol: DS

 

 

Bank of Montreal

Bank of Nova Scotia

BCE Inc.

Canadian Imperial Bank of Commerce

Cenovus Energy Inc.

CI Financial Corp.

Enbridge Inc.

Great-West Lifeco Inc.

Loblaw Companies Limited

National Bank of Canada

Ovintiv Inc.

Power Corporation of Canada

Royal Bank of Canada

Sun Life Financial Inc.

Telus Corporation

Thomson Reuters Corp.

Toronto-Dominion Bank

TMX Group Inc.

TransAlta Corporation

TC Energy Corporation

 

 

The portfolio will consist of 15 companies selected from the 20 company universe listed above.

OBJECTIVES

SHARE HIGHLIGHTS

(i) Regular monthly cash distributions currently targeted to be at a rate of 10% annualized based on the volume weighted average market price of the Equity shares for last 3 trading days of the preceding month (please see September 15, 2014 news release)

(ii) The opportunity for capital appreciation

  • Monthly cash distributions*

  • Portfolio consists of high quality Canadian dividend paying companies

  • Benefits from covered call writing and volatility

  • Capital appreciation potential

  • Attractive alternative to other income vehicles

  • Tax efficient distributions

  • Experienced investment manager

  • Low management fee of 0.75%

    *For the purposes of the Income Tax Act (Canada) and any similar provincial legislation, the Company designates any and all dividends paid on the Equity Dividend shares as “eligible dividends” unless the Company indicates otherwise.

TOP HOLDINGS

VALUATION

Holdings Sorted by weight as at September 30, 2021:

Thomson Reuters Corp
National Bank of Canada
Toronto-Dominion Bank
Royal Bank of Canada
Enbridge Inc
BCE Inc
TC Energy Corp
Sun Life Financial Inc
Bank of Nova Scotia
CI Financial Corp
Canadian Imperial Bank of Commerce
TransAlta Corp
Telus Corp
Cenovus Energy Inc
Power Corporation of Canada

October 26, 2021    
   
NAV Pre-Distribution:  $7.96

   
Distribution:  $0.07800
   
NAV Net of Distribution:  $7.88

   
NAV + Total Distributions Paid to Date:  $16.31