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

DIVIDEND 15 SPLIT CORP II > NAV @ 3:45 pm

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Comment by NoShoesNoShirton Mar 06, 2024 6:49pm

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Post# 35919305

RE:NAV @ 3:45 pm

AnEducator wrote: ~$14.96. We are trading at a discount of ~.44 with the NAV ~0.28% below the threshold. There are a slew of splits trading at a discount which are already in payment territory, so DF is not an anomaly.

Thanks aneducator and mkqtrader for the nav updates. Yeah we have a cornucopia of unbelievable values in so many splits. FFN and LFE should grow nicely, so I see no need to go further out on a limb for DF.

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