Ex-Div Reminder for Dividend Select 15 (DS)

On 8/27/14, Dividend Select 15 Corp (TSX: DS.TO) will trade ex-dividend, for its monthly dividend of $0.0583, payable on 9/10/14. As a percentage of DS's recent stock price of $9.95, this dividend works out to approximately 0.59%, so look for shares of Dividend Select 15 Corp to trade 0.59% lower — all else being equal — when DS shares open for trading on 8/27/14.

Below is a dividend history chart for DS, showing historical dividends prior to the most recent $0.0583 declared by Dividend Select 15 Corp:

DS+Dividend+History+Chart

In general, dividends are not always predictable; but looking at the history above can help in judging whether the most recent dividend from DS is likely to continue, and whether the current estimated yield of 7.03% on annualized basis is a reasonable expectation of annual yield going forward. The chart below shows the one year performance of DS shares, versus its 200 day moving average:

Dividend Select 15 Corp 200 Day Moving Average Chart

Looking at the chart above, DS's low point in its 52 week range is $9.01 per share, with $10.10 as the 52 week high point — that compares with a last trade of $9.95.

In Monday trading, Dividend Select 15 Corp shares are currently trading flat on the day.

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