Dividend 15 Split Corp II T.DF.PR.A

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

Dividend 15 Split Corp. II is a mutual fund. The Company 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 Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.

TSX:DF - Post by User

Dividend 15 Split Corp II > May 15 DF NAV is ~$15.31

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Comment by mousermanon May 16, 2024 1:18pm

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Post# 36043765

RE:May 15 DF NAV is ~$15.31

I think you may be right as TRI going ex divvy on the 15th will likely get accounted for in the update,. As well ENB went exdivvy on the 14th, and altho i had it marked, i didnt add the amount to the final share price on the close of the 15th spreadsheet.

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