An anonymous director reports

DIVIDEND SELECT 15 CORP. - DECLARES MONTHLY DIVIDEND

Dividend Select 15 Corp. has declared its monthly distribution of 6.875 cents per equity share. The distribution is payable July 10, 2018, to shareholders on record as of June 29, 2018.

Under the distribution policy announced in September, 2014, the monthly dividend payable on the equity shares is determined by applying a 10.00-per-cent annualized rate on the volume-weighted average market price (VWAP) of the equity shares over the last three trading days of the preceding month. As a result, equity shareholders of record on June 29, 2018, will receive a dividend of 6.875 cents per share based on the VWAP of $8.25 payable on July 10, 2018. The yield will remain stable at 10.00 per cent (based on the VWAP) under this distribution policy.

Since inception, equity shareholders have received a total of $6.03 per share inclusive of this distribution.

Distribution details

Equity share (DS):  6.875 cents

Ex dividend date:  June 28, 2018

Record date:  June 29, 2018

Payable date:  July 10, 2018