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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 Mar 30, 2020 11:07am
105 Views
Post# 30859876

Small dump on ex divvy date, down to 5$

Small dump on ex divvy date, down to 5$Guess some  BMO seller thought they had a better place for their money sold dumped a small lot of 2000 shares at market . That drove the price down to 5$, and again at a 10% discount to NAV... not sure that is wise....
Will look at reinvesting the  distributions when they come in about 10 days....hopefully the price is still way below NAV...
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