Dividend Select 15 Corp. Announces Monthly Distribution, Maintains 10% Yield Target

Dividend Select 15 ( (TSE:DS) ) has shared an announcement.

Dividend Select 15 Corp. has declared a monthly distribution of $0.06067 per Equity share, payable on January 9, 2026 to shareholders of record as of December 31, 2025. The payout is set under the company’s distribution policy, which applies a 10% annualized rate to the volume-weighted average price of the Equity shares over the last three trading days of the prior month, resulting this time from a VWAP of $7.28. The policy is designed to maintain a stable 10% yield on the shares, and with this declaration Equity shareholders have now received a total of $11.44 per share since the fund’s inception, underscoring its focus on steady, high-yield income distributions from its portfolio of leading Canadian dividend stocks.

Spark’s Take on TSE:DS Stock

According to Spark, TipRanks’ AI Analyst, TSE:DS is a Outperform.

Dividend Select 15 Corp. is bolstered by strong financial health and an attractive valuation, highlighted by significant revenue growth, a debt-free balance sheet, and high dividend yield. Despite mixed technical signals, the company’s focus on stable dividends and low valuation enhance its appeal.

To see Spark’s full report on TSE:DS stock, click here.

More about Dividend Select 15

Dividend Select 15 Corp. is a Toronto-based investment company that invests in a portfolio of 15 Canadian, high-dividend-yielding companies, including major banks, energy producers, telecoms, and other blue-chip issuers. Its strategy centres on generating attractive income for investors through a structured portfolio of leading dividend payers in the Canadian equity market.

Average Trading Volume: 6,825

Technical Sentiment Signal: Buy

For an in-depth examination of DS stock, go to TipRanks’ Overview page.