DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s): DVDDF | T.DF.P.A

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 > Nav 14.02

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Comment by PatFromGroveon Feb 24, 2021 2:41pm

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Post# 32649068

RE:RE:RE:RE:Nav 14.02

flamingogold wrote: Possible but the NAV is $14.02 and rising. FTN had a NAV of $13.15 when the consolidation was announced. Wouldn't they have done it back around the same time as FTN?

EdPaquette wrote: Everything is moving up so fast...It's all so exciting this week and nothing would surprise me.

PatFromGrove wrote:

EdPaquette wrote: Big discount

I wonder if DF would do a consolidation a la FTN?