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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.


TSX:DF - Post by User

Post by pulcanon Nov 17, 2023 7:57am
147 Views
Post# 35740676

Wild trading day, DF latest and next week.......

Wild trading day, DF latest and next week.......Its Friday and get ready to take profits on DF stock if you bought in on the lows of the cycle from a month ago on the $2.30 range. We can see this stock move past $3.50 to my target on past posts.  Quadravest is also looking at FFN as you see the jump in share price for no reason yesterday and now in line with DF.  Both these stocks are a share price play and can move fast on the open.  So take profits today on a Friday that will want to see these markets in the GREEN.  I would say near the end of the afternoon any sell off will fall into a short trading week and continue.  Next week is a major US holiday so be cautious on the markets and sell today if we go higher!!  Everyone wants to make a little cash for the holiday and today is the day!

see the chart on FFN first and notice the pop!!

User image 

As for DF stock,  the share price can touch $3.50 and higher today so take profits no matter what and close.  Also. i have the level 2 trading to show you and it is strange how the share price wants to open higher and dip back lower and higher again!!  check it out!!

User image

see  ASK BID and the second trade is much lower @ $3.26 , on the open $3.39 and spikes higher....this tells me we have a player in the game and more moves to the upside one last time!!  

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
6,000 shares
6,000 2.390
 
2,000 shares
2,000 2.340
 
200 shares
200 2.260
 
500 shares
500 2.220
 
40,500 shares
40,500 2.200
 
2,700 shares
2,700 2.150
 
300 shares
300 2.070
 
100 shares
100 2.050
 
1,500 shares
1,500 2.000
 
8,000 shares
8,000 1.750
Level two quotes - Ask
Ask Price Number of Shares
2.390 5,400
 
5,400 shares
3.260 2,000
 
2,000 shares
3.350 900
 
900 shares
3.390 1,100
 
1,100 shares
3.400 10,100
 
10,100 shares
3.490 1,000
 
1,000 shares
3.500 20,700
 
20,700 shares
3.550 800
 
800 shares
3.560 3,000
 
3,000 shares
3.650 100  

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