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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TSX:DS - Post Discussion

Dividend Select 15 Corp > DS one of the few not moving up today.

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Post by mouserman on Nov 24, 2020 11:00am

DS one of the few not moving up today.

SO i decided to grab some here. At a discount to NAV and yield should start increasing here very soon. NO threshhold to worry about with DS, but the distribution varies as it is based on last 3 days of trading in the preceding month .
If DS manages to get up to around 6.75 by month end the next months distribution will improve from 5 cents a share to 5.6 cents, Which is about 10% more than the preceding month...buying here could eventually give you a yield much higher than 10%....

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