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 > Small dump on ex divvy date, down to 5$

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Post by mouserman on Mar 30, 2020 11:07am

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...