Dividend Select 15 Corp.
TSX : DS

Dividend Select 15 Corp.

October 29, 2014 09:00 ET

Dividend Select 15 Corp.: 2014 Rights Expire on November 3, 2014

TORONTO, ONTARIO--(Marketwired - Oct. 29, 2014) - Dividend Select 15 Corp. (the "Company") would like to take the opportunity to remind investors that Monday, November 3, 2014 at 5:00 p.m. (EST) is the deadline to exercise their rights.

Equity shareholders of the Company have seen their shares increase 9.7% in addition to receiving 7.7% in dividends over the 12 month period ending October 28, 2014. The Equity shares currently yield 10% on the Toronto Stock Exchange.

Four Rights will entitle shareholders to purchase one Equity share for the subscription price of $10.32. The subscription price for the Equity share is consistent with recent trading prices. Any rights not exercised by November 3, 2014 will expire worthless. Investors should contact their advisor or financial institution in order to exercise their rights.

Shareholders wishing to subscribe for additional shares above their allotment of rights may do so by contacting their advisor.

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. TransCanada Corporation

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Company. The forward-looking statements are not historical facts but reflect the Manager's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Manager believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Manager undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

Contact Information

  • Dividend Select 15 Corp.
    Investor Relations
    416-304-4443 or Toll Free: 1-877-4-Quadra (1-877-478-2372)
    www.dividendselect15.com