Bullboard - Stock Discussion Forum 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... see more

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Dividend Select 15 Corp

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Comment by Windsorman on Aug 13, 2018 9:58pm

RE:Selling after ex divvy date

Time to reload. Sellers are nuts selling under $8.00. August dividend should be higher than July's based on trading at the end of July of the holdings. I was buying today. GLTU

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Comment by mouserman on Aug 15, 2018 9:07am

Actually , the distibution is based on te volume -weighted average price of the last 3 trading days of JULY,, and that comes out to about 8.12 or so. If you divide .812 ( 10%) by 12 months you get about the same amount as last month, about .0677 div per share .

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Comment by Windsorman on Aug 15, 2018 3:16pm

That would translate to an annualized dividend slighly higher than 10% based on current price. Not bad in todays turmoil market.

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Comment by mouserman on Aug 16, 2018 9:47am

Yes steady income of around 10% and not a spit fund, so no threshhold where you dont receive a distribution , which is what is happening to DF, from Quadravest. Holders of regular DF shares wont receive a distribution because its under 15 $ for the units. DS a much better bet , with many of the same stocks , and trades a tiny premium to NAV of about 10 pennies with the NAV up at 7.90 as of ...more

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Dividend Select 15 Corp