Dividend Select 15 Corp. At-The-Market Equity Program Renewed
Globenewswire·2026-01-22 14:00

Core Viewpoint - Dividend Select 15 Corp. has renewed its at-the-market equity program, allowing the issuance of shares until February 21, 2028, with a maximum gross proceeds of $30 million [1][2]. Group 1: ATM Program Details - The renewed ATM Program replaces the previous program established in December 2023 and allows the company to issue shares at its discretion through the Toronto Stock Exchange or other Canadian marketplaces [1][2]. - Sales of equity shares will occur at prevailing market prices, which may vary among purchasers during the distribution period [2]. - The program is offered under a prospectus supplement dated January 21, 2026, linked to the company's short form base shelf prospectus dated January 20, 2026 [2]. Group 2: Use of Proceeds - Proceeds from the ATM Program will be utilized in alignment with the company's investment objectives and strategies, adhering to its investment restrictions [3]. - The company invests in a portfolio of Canadian companies that are among the highest dividend-yielding stocks in Canada [3]. Group 3: Portfolio Composition - The portfolio includes notable Canadian companies such as Bank of Montreal, BCE Inc., and Royal Bank of Canada, among others [4].

Dividend Select 15 Corp. At-The-Market Equity Program Renewed - Reportify