Bullboard - Stock Discussion Forum 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... see more

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Dividend Select 15 Corp > Return of Capital question

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Post by solwayman on Sep 24, 2018 8:45pm

Return of Capital question

I am new to DS and I am wondering if any of the past monthly distributions have consisted of a return of capital? I looked at 2017 and noticed that there were no such returns in that year? Anyone know about previous years? I am assuming that the current market price approximates the NAV of the portfolio. Thanks. GLTA.

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Comment by DemDem20151202 on Oct 02, 2018 8:34pm

The net asset value in July was $7.90 the fund has never paid any special capital or dividends until now. Here are the titles that the background has: BCE INC Bank of Montreal Bank of Nova Scotia CI Financial Corp Canadian Imperial Bank of Commerce Enbridge INC Great-West Lifeco INC Husky Energy INC National Bank of Canada Power Corporation of Canada Royal Bank of Canada Sun Life Financial INC ...more

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