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.

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DIVIDEND 15 SPLIT CORP II > Estimated NAV end of March 8

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Post by mkqtraderon Mar 08, 2024 5:46pm

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Post# 35923762

Estimated NAV end of March 8

After applying the changes coming from the monthly update, the current NAV is ~$15.01 (rounded from $15.0182 according to my spreadsheet). If no bad things happen from now to March 15th, there should be a dividend declaration shortly after the 15th...

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