DVVDF (Dividend Select 15) ROE %: 26.13% (As of Nov. 2025) — 168% Above Median


DVVDF Dividend Select 15 Corp DVVDF
24 GF Score
Price $5.16
! 6 Warning Signs
View Full Analysis

What is Dividend Select 15 ROE %?

Dividend Select 15 DVVDF 24 ROE % is 26.13% as of Nov. 2025, which is 168% above its 10-year median of 9.75. GuruFocus rates DVVDF with a GF Score™ of 24/100. The stock has 6 warning signs investors should review. Among 1,615 Asset Management companies, Dividend Select 15 ranks better than 74.37% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dividend Select 15's annualized net income for the quarter that ended in Nov. 2025 was $8.89 Mil. Dividend Select 15's average Total Stockholders Equity over the quarter that ended in Nov. 2025 was $34.01 Mil. Therefore, Dividend Select 15's annualized ROE % for the quarter that ended in Nov. 2025 was 26.13%.

The historical rank and industry rank for Dividend Select 15's ROE % or its related term are showing as below:

DVVDF' s ROE % Range Over the Past 10 Years
Min: -9.46   Med: 9.75   Max: 26.34
Current: 14.39

During the past 13 years, Dividend Select 15's highest ROE % was 26.34%. The lowest was -9.46%. And the median was 9.75%.

DVVDF's ROE % is ranked better than
74.37% of 1615 companies
in the Asset Management industry
Industry Median: 6.35 vs DVVDF: 14.39

Dividend Select 15  (OTCPK:DVVDF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=8.886/34.0055
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(8.886 / 9.054)*(9.054 / 34.379)*(34.379 / 34.0055)
=Net Margin %*Asset Turnover*Equity Multiplier
=98.14 %*0.2634*1.011
=ROA %*Equity Multiplier
=25.85 %*1.011
=26.13 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Nov. 2025 )
=Net Income/Total Stockholders Equity
=8.886/34.0055
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (8.886 / 8.886) * (8.886 / 9.054) * (9.054 / 34.379) * (34.379 / 34.0055)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 1 * 98.14 % * 0.2634 * 1.011
=26.13 %

Note: The net income data used here is two times the semi-annual (Nov. 2025) net income data. The Revenue data used here is two times the semi-annual (Nov. 2025) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dividend Select 15 ROE % Related Terms


Dividend Select 15 ROE % Historical Data

* Premium members only.

The historical data trend for Dividend Select 15's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dividend Select 15 ROE % Chart

Dividend Select 15 Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.83 1.24 -2.20 20.54 13.76

Dividend Select 15 Semi-Annual Data
May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.67 15.37 27.47 3.69 26.13

DVVDF vs BLK, BX, KKR: ROE % Comparison

For the Asset Management subindustry, Dividend Select 15's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dividend Select 15 ROE % vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Dividend Select 15's ROE % distribution charts can be found below:

* The bar in red indicates where Dividend Select 15's ROE % falls into.


DVVDF
24GF Score
Dividend Select 15 Corp DVVDF
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Dividend Select 15 ROE % Calculation

Dividend Select 15's annualized ROE % for the fiscal year that ended in Nov. 2025 is calculated as

ROE %=Net Income (A: Nov. 2025 )/( (Total Stockholders Equity (A: Nov. 2024 )+Total Stockholders Equity (A: Nov. 2025 ))/ count )
=5.095/( (38.874+35.207)/ 2 )
=5.095/37.0405
=13.76 %

Dividend Select 15's annualized ROE % for the quarter that ended in Nov. 2025 is calculated as

ROE %=Net Income (Q: Nov. 2025 )/( (Total Stockholders Equity (Q: May. 2025 )+Total Stockholders Equity (Q: Nov. 2025 ))/ count )
=8.886/( (32.804+35.207)/ 2 )
=8.886/34.0055
=26.13 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is two times the semi-annual (Nov. 2025) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 26.13% mean?
Dividend Select 15 (DVVDF) has a ROE % of 26.13% as of Nov. 2025. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dividend Select 15 and its competitors. This is 168% above median its historical median of 9.75. According to the industry distribution chart, Dividend Select 15 ranks #414 out of 1615 companies in the Asset Management industry, placing it in the top 25.6%.
Is Dividend Select 15's ROE % too high?
Dividend Select 15's current ROE % of 26.13% is 168% above median its 10-year median of 9.75. The Asset Management industry median ROE % is 6.35. Dividend Select 15's value of 26.13% is 311.5% above this industry median. Based on the distribution chart, Dividend Select 15 ranks #414 out of 1615 companies in the Asset Management industry, which is above the industry midpoint. Overall, Dividend Select 15 has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Dividend Select 15's ROE % compare to BLK and BX?
According to the Asset Management industry distribution chart, Dividend Select 15 ranks #414 out of 1615 companies for ROE %. This puts Dividend Select 15 in the upper half of its industry. The industry median ROE % is 6.35. Dividend Select 15's value of 26.13% is 311.5% above this benchmark. While the company's 10-year median is 9.75 vs. the industry median of 6.35, Dividend Select 15 has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Asset Management company?
The median ROE % among Asset Management companies is 6.35, based on 1,615 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dividend Select 15's current ROE % of 26.13% is 311.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dividend Select 15 and its competitors. For the Asset Management industry, the median ROE % is 6.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dividend Select 15's current ROE % is 26.13%, which is 168% above median its own 10-year median of 9.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dividend Select 15 stock overvalued right now?
Dividend Select 15 (DVVDF) has a current ROE % of 26.13%. The current ROE % is 26.13%, which is 168% above median its 10-year median of 9.75 and 311.5% above the Asset Management industry median of 6.35. Dividend Select 15's overall GF Score™ is 24/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dividend Select 15 (DVVDF), the current ROE % is 26.13% as of Nov. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Dividend Select 15 Business Description

Other Exchanges DS:Canada
Address 200 Front Street West, Suite 2510, P.O Box 51, Toronto, ON, CAN, M5V 3K2
Dividend Select 15 Corp is a mutual fund corporation based in Canada. Its investment objective is to provide equity shareholders with monthly cash distributions, currently targeted to be at a rate of 10 percent annualized based on the volume-weighted average market price of the Equity shares for the last three trading days of the preceding month; and the opportunity for capital appreciation. The company invests in an actively managed portfolio of common shares of fifteen core large-capitalization, Canadian companies selected from a portfolio universe of over twenty companies. It employs an active covered call writing program to enhance the income earned from the portfolio.
24GF Score

Get the complete analysis for DVVDF

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.16
Price