Dividend Select 15 : Declares Monthly Dividend

TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- Dividend Select 15 Corp. (The "Company") declares its monthly distribution of $0.05475 per Equity share. The distribution is payable February 10, 2021 to shareholders on record as of January 29, 2021.

Under the distribution policy announced in September 2014, the monthly dividend payable on the Equity shares is determined by applying a 10.00% annualized rate on the volume weighted average market price (VWAP) of the Equity shares over the last 3 trading days of the preceding month. As a result, Equity shareholders of record on January 29, 2021 will receive a dividend of $0.05475 per share based on the VWAP of $6.57 payable on February 10, 2021. The yield will remain stable at 10.00% (based on the VWAP) under this distribution policy.

Since inception, Equity shareholders have received a total of $7.84 per share inclusive of this distribution.

The Company invests in a portfolio of 15 Canadian companies selected from the following 20 company universe which are among the highest Canadian dividend yielding stocks.

Bank of Montreal	Great West Lifeco Inc.	TELUS Corporation
BCE Inc.	Husky Energy Inc.	The Bank of Nova Scotia
CIBC	National Bank of Canada	The Toronto-Dominion Bank
CI Financial Corp.	Power Corporation of Canada	Thomson Reuters Corporation
Enbridge Inc.	Royal Bank of Canada	TMX Group Inc.
EnCana Corporation	Loblaw Companies Limited	TransAlta Corporation
	Sun Life Financial Inc.	TC Energy Corporation

Distribution Details
Equity Share (DS)	$0.05475
Ex-Dividend Date:	January 28, 2021
Record Date:	January 29, 2021
Payable Date:	February 10, 2021

Investor Relations: 1-877-478-2372
Local: 416-304-4443
dividendselect15.com
[e-mail]

Source: Dividend Select 15 Corp.

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