Dividend Select 15 Corporation Declares Monthly Distribution
Analysis based on 7 articles · First reported Feb 19, 2026 · Last updated Mar 18, 2026
The declaration of a stable monthly dividend by Dividend Select 15 Corporation provides a positive signal to its shareholders, reinforcing confidence in its distribution policy. This event directly impacts the income of its Equity shareholders and reflects the performance of its portfolio of Canadian dividend-yielding stocks.
Dividend Select 15 Corporation announced a monthly distribution of $0.06350 per Equity share, payable on April 10, 2026, to shareholders of record as of March 31, 2026. This distribution is based on a 10.00% annualized rate applied to the volume weighted average market price (VWAP) of its Equity shares over the last three trading days of the preceding month, which was $7.62. The company's distribution policy, established in September 2014, aims to maintain a stable yield. Since its inception, Dividend Select 15 Corporation has distributed a total of $11.63 per share. The company invests in a portfolio of 15 Canadian companies, including major financial institutions, energy companies, and telecommunication firms, selected for their high dividend yields.
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