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.

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Dividend Select 15 Corp > HSE giving some back today, but NAV up more

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Post by mousermanon Jan 18, 2019 11:10am

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Post# 29251190

HSE giving some back today, but NAV up more

DS now trading at a big discount to NAV by my estimates, since the top 7 of the top 10 holdings up again today. Nav was 7.30 to Jan 17 and 7.24 after paying out the small distribution for January.
Today down to 7.09 at the low, hard to figure the sellers thinking here.
I suppose some thinking there are much higher yielding split funds are paying more this month so are taking some DS off the table.
Long term investors have gotta love buying this one at a discount to NAV. In six months the NAV will likely boost the NAV and share price up by 25 or 30%....

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From now on, dynaCERT instead of Bitcoin or NVIDIA?