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Financings

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

By The Northwire Desk — AI Analysis Jan 22, 2026 · 09:00 DS · 7.4 DIVIDEND SELECT 15 CORP. EQUITY
DS · Price

Executive Summary

  • Dividend Select 15 Corp. announced the renewal of its at‑the‑market (ATM) equity program, effective until February 21 2028.
  • The new ATM program replaces the prior December 2023 program and authorizes up to $30 million in gross proceeds from share issuances.
  • Proceeds will be used to fund investments in high‑dividend‑yielding Canadian companies consistent with the Company’s investment objectives and restrictions.

Key Details

  • The ATM program will allow the Company to issue equity shares to the public at its discretion through the Toronto Stock Exchange (TSX) or any other Canadian marketplace where the shares are listed.
  • Sales will be conducted under an Equity Distribution Agreement dated January 21 2026 with National Bank Financial Inc. (the “Agent”).
  • The program is being offered pursuant to a prospectus supplement dated January 21 2026, which supplements the Company’s short‑form base shelf prospectus dated January 20 2026.
  • Maximum gross proceeds: $30,000,000 from the issuance of equity shares under the ATM program.
  • Timing and volume of share distributions will be determined solely by the Company; prices will reflect prevailing market conditions at each sale.
  • Proceeds are intended to be deployed in accordance with the Company’s investment objectives and strategies, focusing on a portfolio of Canadian dividend‑yielding stocks (e.g., major banks, energy firms, telecoms, etc.).

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →