Dividend 15 Split Corp. II - Class A T.DF

@ the Bell: TSX’s momentum continues on inflation news

[Jon Brown]

The financial sector once again helped provide gains for Canada’s main stock index, giving the TSX a 150-plus jump on Tuesday. The energy sector was not far behind in gains, though telecom and... read article.

[Shoran Devi]

Statistics Canada reported that Canada's inflation rate slowed more than expected in February to its lowest level in 13 months. read article.

[PressRelease]

TORONTO, March 20, 2023 (GLOBE NEWSWIRE) -- Dividend 15 Split Corp. II ("Dividend 15 II") declares its regular monthly distribution of $0.04792 for each Preferred share. Distributions are payable April 10, 2023 to shareholders on record as at March 31, 2023. There will not be a distribution...read article.

[mouserman]

Lost a few pennies now since the update and still trading right around its NAV .

[mouserman]

So DF lost about 11 cents off the UNIT NAV in 2 sessions, faring much better than the financial only stocks. Trading right at its NAV. WHich this  spring is very rare for those underwater by more

[novascotian2014]

HOPE SOoooo

[flamingogold]

could send this to the $2.80's in a heartbeat.

[Jon Brown]

The Vancouver-based mineral exploration firm hit 49.7 grams per tonne of gold over 29.9 metres on its flagship project, located near Gander, Newfoundland. read article.

[mouserman]

SO my spreadsheet has DF losing about 71 cents since the feb 28th update. SO commons have a value of 3.95 before dist to preferreds. Almost trading right at NAV.  DF  a more diversified

[mouserman]

FFN has a much,much lower valuation. Is it that DF not a margin stock, and has forced selling. I dont understand DGS holding up  well with almost the same valuation. LCS down big also, and i

[mouserman]

Spreadsheet is now showing a loss of 45 cents since FEB update... and DF trading at a 20 cent discount. Much better buy than FFN or even DGS...neither of them are at a level that would pay to commons

[mouserman]

So now has lost about 52 cents since the feb update.  BUT at least DF is trading at a discount. One of the few underwater , LCS the other one that is above 15$ , and  means it is still at a

[mouserman]

So the spreadsheet now showing a 34 cent loss since FEB 28, and so the common now have a value of $4.32 . Was not one green stock in DFN or DF today.

[flamingogold]

SVB's default should not be affecting the holdings here but as I said yesterday, this is the market and fear plays a big role. Next week could provide a buying opportunity in the 3's. Also

[flamingogold]

In the $3's there's a good chance to turn a decend profit and if we get a bullish market the distributions are gravy. Might get a further dip next week if the CPI# disappoints.

[mouserman]

So spreadsheet is saying DF lost about 13 cents since the Feb update.  Has held up much better than FFN in this bank dominoes game.

[mouserman]

SO bounced back a bit at the end of the day, and so the commons now with a value of $4.73. Discount is 39 cents  which seems excessive  in comparsion to the others that are under the level

[jeanstk]

So, at the end of the day, what is wrong with DF? Why is the priced so low compared to other splits? Is it the companies it invest in that are not performing well?