DIVIDEND 15 SPLIT CORP II T.DF

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

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 Jan 07, 2023 9:38am

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Post# 35208555

DF unit nav to Jan 06 = approx: 14.29

So spreadsheet has DF gaining 24 cents since the DEC 30 udpate. Most of that move up came on friday. Still quite a ways to go for the 15$ threshhold, and only 5 sessions of trading before cutoff date for paying to commons. I dont think DF makes it this month. Where the markets go in the weeks and months after Jan 16 , is anyone's guess.

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