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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 21, 2019 12:21pm
88 Views
Post# 29259878

DS NAV to JAN 18, 7.28 net of divvy

DS NAV to JAN 18, 7.28 net of divvyQuadravest updated the DS NAV today and one of the few out there that do that almost daily. Does not seem to help  them get a premium to NAV, but it is likely the low yield that hurts....
Most dont seem to get the fact that the yield rises in a bull market , where other stocks , split funds are fixed  at a certain dollar amount per year.
BK another that gets a rise in yield as the stock price rises.
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