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DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s):  T.DF.P.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

Post by pulcanon Jul 27, 2022 6:39pm
159 Views
Post# 34855330

PULCAN buys more DF stock at close and $5.50 target

PULCAN buys more DF stock at close and $5.50 targethi all,  DF stock i bought more before close and took some profits from DGS.  Regardless the DF stock is moving back to where it belongs and we will go past $5 very fast. Also latest financial results are in and see the link.  I have invested well over $70k now  and glad i did....There is no reason for the sell off on this stock and i just bought in three times. Oversold and now the $5 target is in play. Take profits also as we see August being a home run for this stock.  see the link and over $400million in good investments and one of the best. Also the perferred stock is a good one to own always and the dividend is modest.  Remember we have a DRIP on this stock also so check with your broker or bank. https://www.quadravest.com/_files/ugd/78f11d_4f0075f9cef247b48b3e0acd5c335209.pdf

On the high side we will see $5.50 in August at least and a run past $6 just like DGS when we hit the $15 number for the dividend. 

below is the BID vs ASK going into the morning....

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
1,000 shares
1,000 4.400
 
500 shares
500 4.370
 
8,000 shares
8,000 4.360
 
5,000 shares
5,000 4.350
 
2,400 shares
2,400 4.330
 
1,500 shares
1,500 4.310
 
3,000 shares
3,000 4.300
 
11,000 shares
11,000 4.280
 
4,500 shares
4,500 4.270
 
2,700 shares
2,700 4.260
Level two quotes - Ask
Ask Price Number of Shares
4.460 2,500
 
2,500 shares
4.490 2,500
 
2,500 shares
4.500 2,200
 
2,200 shares
4.550 2,500
 
2,500 shares
4.570 900
 
900 shares
4.590 100
 
100 shares
4.600 1,000
 
1,000 shares
4.690 2,900
 
2,900 shares
4.760 200
 
200 shares
4.900 3,000
 
3,000 shares

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