DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s): DVDDF | T.DF.P.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 > What goes DOWN must go UP....the cycle! do we load UP??

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Post by pulcanon Nov 03, 2023 6:26am

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Post# 35715215

What goes DOWN must go UP....the cycle! do we load UP??

hi all, well yesterday we had a move like no other on the Toronto Stock exchange and it was overdue since the summer. Also, you all remember my post about the cylce on DF and FFN? I believe it was back in August....So, here we go again! if you buy and sell on these cycles you will make a lot of money. I see many continue to look at the dividend and NAV price. Why? Forget it as the management team at Quadravest control these numbers and you can be at $6 a share an still no dividend. However, we have a share price play again from a crazy low of $2.30 and look at what both these two stocks did yesterday. So do we load up for this cycle again? As Stone Cold Steve Austin would say, "ALL &^%$# YEAH!!!." so lets take a look at the charts...of DF...first see below the trend and it is a money maker but we need to sell once we make money. Right! so right now if you bought in over September and October lows take profits or hang on for some more moves and sell.

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