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.

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DIVIDEND 15 SPLIT CORP II > Time to add more DF...

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Post by ctychiroon Dec 30, 2022 12:56pm

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Post# 35197248

Time to add more DF...

and if it goes lower, sobeit, I'll get more. My previous DF holdings avg ~$6.40 (yes, I bought this ETF at the high) and have paid just shy of 19%. Buying at $3.85 will pay over 31%. I am hoping the divi is back in 3, even 6 months. I am willing to wait. I think DF is the best option in the 'potential' category for being undervalued and big returns. Last one I had in this category was LBS and buying at ~$5.40 with no divi now returns me 22% (today is $8.63 & 13.7%). I am a buy and holder, don't have the nerves to be jumping in and out.

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