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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 Aug 04, 2022 6:25am
197 Views
Post# 34870298

DF stock target $5.38 for Dividend bonus DRIP

DF stock target $5.38 for Dividend bonus DRIPhi all,  we are on our way today to pass $5 and no surprise as our new NAV is out for the end of July. Goes to show how quick things turn around from a sell off. The last time we missed our dividend from covid crash we had to come back to a target of $5.38 a share price on the class A. So for us its smooth sailing higher and back over $6 buck this month.  However, this is not about the dividend its taking profits also. If you bought in under $4 and watched this stock move until this point you should take profits. Invest in other Dividend stocks that are about to move or making new highs. For now we are looking good today as we have a new target on the BID vs ASK of $5.70!!  This is a nice run for a Thursday if it happends but quadravest is slowing pushing it by .20 to .25 cents so far on the daily move with a pause like we had on Tuesday. Regardless this is a win for everyone under $5 bucks....

see below...and good luck  

Level two quotes - Bid
Number of Shares Bid Price
 
3,000 shares
3,000 4.850
 
1,200 shares
1,200 4.790
 
600 shares
600 4.700
 
100 shares
100 4.650
 
100 shares
100 4.610
 
2,400 shares
2,400 4.600
 
2,000 shares
2,000 4.580
 
1,000 shares
1,000 4.570
 
1,000 shares
1,000 4.500
 
100 shares
100 4.480
Level two quotes - Ask
Ask Price Number of Shares
5.000 1,700
 
1,700 shares
5.010 3,000
 
3,000 shares
5.250 100
 
100 shares
5.300 3,500
 
3,500 shares
5.370 200
 
200 shares
5.500 8,100
 
8,100 shares
5.510 3,000
 
3,000 shares
5.560 2,000
 
2,000 shares
5.600 2,500
 
2,500 shares
5.700 1,000
 
1,000 shares
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