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DIVIDEND 15 SPLIT CORP II T.DF.PR.A


Primary Symbol: T.DF Alternate Symbol(s):  DVDDF

Dividend 15 Split Corp. II is an investment company, which invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends. The net asset value per unit must be above the required $15 per unit threshold for monthly dividends to be declared; and on or about the termination date, to pay the holders of Class A shares at least the original issue price of those shares. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 on the $10 repayment amount per Preferred share to yield 5.75%, and to pay the holders of the Preferred shares the $10 repayment value of those shares. Quadravest Capital Management Inc. is the investment manager of the Fund.


TSX:DF - Post by User

Post by pulcanon Feb 23, 2024 2:32pm
547 Views
Post# 35896222

Last hour of trading on DF and a 52week high

Last hour of trading on DF and a 52week highhi everyone

We just hit a 52 week high on DF at $4.62 and this is still way lower than where we should be. The target is $5 as a modest recovery and best play on a dividend announcement for next month. We hit the trigger point from my last few posts of $4.60 and this will give us next week move higher.

enjoy the weekend as this stock is going much higher as we are in a recovery mode and everyone is making money.


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