DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s): T.DF.PR.A | 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

DIVIDEND 15 SPLIT CORP II > DF UNit Nav to Aug 20 = approx: $15.50

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Comment by SuperMon Aug 21, 2021 11:02am

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Post# 33744837

RE:DF UNit Nav to Aug 20 = approx: $15.50

Hey mouserman, is this a safe fund to hold? I'm assuming that oil prices will hit their bottom soon and some of the oil and pipeline companies will have a positive affect on this fund even though they are not heavy weightings? I'd appreciate your input. Thanks

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