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.

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DIVIDEND 15 SPLIT CORP II

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Post by mousermanon Dec 14, 2022 11:00pm

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Post# 35172365

DF unit nav to DEC 14 = approx: $14.25

Spreadsheet shows DF losing 42 cents off the UNIT NAV since the month end report.
Now commons with a value of $4.25, which is exaclty where the stock finished today. No hope of a distribution this month, and not likely for the January one either , if this selloff picks up steam with taxloss selling.

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