Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Dividend Select 15 ( (TSE:DS) ) has shared an announcement.
Dividend Select 15 Corp. has declared a monthly cash distribution of $0.06350 per Equity share, payable on April 10, 2026, to shareholders of record as of March 31, 2026. The payout is based on a volume-weighted average price of $7.62 for the Equity shares, consistent with the fund’s policy of targeting a 10% annualized yield.
Under the distribution framework introduced in 2014, the company continues to offer a stable income stream by linking its monthly dividend to market pricing while maintaining the 10% yield target. Since inception, Equity shareholders have received a cumulative $11.63 per share, underscoring the fund’s role as an income-oriented vehicle within the Canadian high-dividend equity space.
The most recent analyst rating on (TSE:DS) stock is a Buy with a C$8.50 price target. To see the full list of analyst forecasts on Dividend Select 15 stock, see the TSE:DS Stock Forecast page.
Spark’s Take on DS Stock
According to Spark, TipRanks’ AI Analyst, DS is a Outperform.
The score is driven primarily by strong financial position (no debt) and an attractive valuation (low P/E and high yield). Offsetting factors are historically volatile earnings/cash flows and only moderate technical momentum, while recent dividend declarations provide incremental support.
To see Spark’s full report on DS stock, click here.
More about Dividend Select 15
Dividend Select 15 Corp. is a Toronto-based investment company that manages a portfolio of 15 Canadian, high-dividend-yielding stocks, including major banks, energy producers, telecoms, and large financial institutions. Its strategy focuses on generating attractive monthly income for investors by holding established, dividend-paying Canadian issuers across sectors such as financials, energy, communications, and consumer staples.
Average Trading Volume: 10,321
Technical Sentiment Signal: Buy
See more data about DS stock on TipRanks’ Stock Analysis page.