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 > Critical point!! last post of the week, DF update

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Post by pulcanon Mar 13, 2024 7:42pm

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Post# 35931652

Critical point!! last post of the week, DF update

hi all, not a bad week and not a good one....just a slow start and balanced back and forth moves. We saw Nvidia not do what we wanted or for those who want that $1000. But! We came back off that healthy move and within a day over $900. This means get ready for next week as the Federal Reserve meet and we will know what will happen. I honestly believe nothing will happen with the rates and we move higher into a much bigger move. I expect the DOW to hit 40,000 at one point this year. As for the Nasdaq anything goes. so take profits now if you need to and pay your bills.

So lets look at DF.....we hit from my last post $4.80 and this is a critical move as Thursday and Friday are big for the NAV NET if you want that .10 cents a share announcement on Monday. However, i must be critical and tell you to take profits as this is a cycle also from two months ago. Take the money and forget the dividend as sometimes you need to pay yourself. We are only renting these stocks and not falling in love with them. So right now this Thursday i believe we move higher towards $5 and this will be exciting for the moment. We need to remember Friday can be a move that can be sell before the weekend and we dip down. So right now Thursday is too soon on the prediction as to where DF will be on Friday. Right now if we are not over $4.80 on Friday midday we can see a sharp sell off into the $4.40 range. It is critical we focus more on Friday and stay above $4.80 and Thursday will help. Any move past $4.80 on mid day Friday is bullish to the Monday and we skyrocket to $6. Why? There is only 25million shares outstanding and the news next week if Friday pans out will be a relief ralley for all. Technicals are more bulls than bears right now. See the latest chart and remember the higher we go on Thursday helps us on the Friday and news for Monday dividend update.

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