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Dividend Select 15 Corp DVVDF


Primary Symbol: T.DS

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 Jun 27, 2022 2:29pm
209 Views
Post# 34785247

ANON the big seller of DS the past month.

ANON the big seller of DS the past month.However outside of those anonymous sellers, there is really not much being dumped. I was on the buy today.  Altho DS may drop as well in the next big selloff on interest rates being hiked, i like that it pays 10% no matter what based on the share price. Much the same as BK, except there are no preferreds to pay.  BK paying a very big distribution if you include commons and preferreds. That is fine when the markets are going up, but hard to sustain in a down market. I am still leaning towards another 10% correction in the next few months. Been a very long bull market, and what goes up must come down. 
Can bring myself to buy into the likes of DGS, FFN, DF  etc, altho the volatility is great for traders if one can guess the direction properly. 
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