Dividend Select 15 Corp.

Dividend Select 15 Corp.

January 24, 2013 11:20 ET

Warrant Expiry (DS.WT)

TORONTO, ONTARIO--(Marketwire - Jan. 24, 2013) - Dividend Select 15 Corp. (the "Company") wishes to remind warrant holders that their warrants will expire on January 31, 2013 at 5:00 p.m. (Eastern Time). The warrants are exercisable at a price of $9.25. The January 23, 2013 net asset value of the Company was $9.50, providing warrant holders with the opportunity to acquire additional Equity Shares of the Company below the current Net Asset Value. Two warrants plus the $9.25 exercise price entitles the holder to one Equity Share. Holders of warrants may also subscribe for additional Equity Shares on a pro rata basis if their warrants have been exercised in full.

The Company has a history of 26 consecutive cash distributions since inception providing holders with an attractive income producing asset. The current yield is 7.6% annually based on the $9.25 exercise price.

The Company invests in a portfolio of 15 high quality Canadian companies whose shares offer an attractive dividend yield, have shown solid earnings growth and have a strong history of capital appreciation.

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 Shoppers Drug Mart Corporation TransAlta Corporation
Sun Life Financial Inc. TransCanada Corporation

Contact Information

  • Dividend Select 15 Corp.
    Investor Relations
    416-304-4443 or Toll free at 1-877-4-Quadra (1-877-478-2372)