Dividend Select 15 Increases Monthly Dividend to CAD 0.0513/Share
Dividend Select 15 Announces Monthly Dividend Increase
Dividend Select 15 (TSX:DS:CA) has announced a significant enhancement to its monthly dividend payouts. The company has declared a monthly dividend of CAD 0.0513/share, marking a notable i4% increase from the previous figure of CAD 0.0493/share.
Forward Yield and Payment Dates
This increase in dividends results in a forward yield of 9.97%, making it an attractive option for investors seeking reliable income streams. The dividend will be payable on September 10, signalling a positive trend in the company’s performance.
Market Reaction and Implications
The announcement may lead to a bullish sentiment among investors, potentially affecting the stock's performance on the TSX exchange. Keeping an eye on upcoming dividends can provide essential insights for strategic investment decisions.
Conclusion regarding Dividend Growth
This increase underscores Dividend Select 15's commitment to shareholder returns amidst fluctuating market conditions. Investors are encouraged to actively monitor such changes, as they could significantly influence investment strategies.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.