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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

Comment by mousermanon Apr 11, 2024 11:16am
109 Views
Post# 35983351

RE:RE:RE:Distribution miss?

RE:RE:RE:Distribution miss?SO if fuel prices keep rising, what does that do to inflation? For sure people ar paying more at the pumps, and since diesel is used for delivering nearly everything in a huge country... what does that do to consumer prices? Turdeau's carbon tax is not helping... June rate cut from BOC  is NOT written in stone. And if the BOC does cut, how many move their money out of Canada to a country where higher rates are paid for cash deposits? I am one of those moving to term deposits in Mexico  with over double the yield, and Currency gain as well.
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