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Dividend Select 15 Corp T.DS

Alternate Symbol(s):  DVVDF

The Companys investment objectives are to provide holders of the Shares of the Company (Shareholders) with (i) monthly cash distributions, plus (ii) the opportunity for capital appreciation, through investment in the common shares of the Portfolio Companies. The Company has been created to provide investors with an opportunity to invest in a portfolio (the Portfolio) of 15 Canadian companies (the Portfolio Companies) whose shares offer investors an above-average dividend yield, and which have shown solid earnings growth and have a history of capital appreciation. The Portfolio Companies will be selected from among 20 companies (the Portfolio Universe) listed on the Toronto Stock Exchange (TSX) set out below: Bank of Montreal Royal Bank of Canada BCE Inc. Shoppers Drug Mart Corporation Canadian Imperial Bank of Sun Life Financial Inc. Commerce TELUS Corporation CI Financial Corp. The Bank of Nova Scotia Enbridge Inc.


TSX:DS - Post by User

Post by mousermanon Jan 11, 2019 1:23pm
75 Views
Post# 29219657

NAV jumped .33 since DEC 31

NAV jumped .33 since DEC 31NAV now reported to JAN 10 at 7.19 , before the upcoming distribution.
Last trade at 6.98 leaves DS trading at a discount to NAV. The stock price should start appreciating in the next while as the yield now low due to the last 3 trading days in 2018. Tax loss selling done, and now it will be off to the races. Expect distributions now to gain.... buying here may yield 13 or 14 % in 6 months... nothing to sneeze at. 
I am a buyer here again, as the top 8 holdings here account for 65% of the NAV... they have done real well the past 10 days.
TD, RY, CM , BNS , SLF, ENB , BCE, TRP
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