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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 Feb 02, 2024 6:00am
129 Views
Post# 35858826

BIG DAY on DF stock and the latest moves..holy META!!

BIG DAY on DF stock and the latest moves..holy META!!hi all,  big news from META yesterday on a dividend and the stock is on fire this moring and we could see $100 move. Talk about a crazy morning and what is going on?  Well its a mania phase in the tech sector that has not paid a dividend in decades!!  Look at Wall-Mart a first ever stock split in over 20years!!  What if GOOGLE or Amazon were to pay a dividend now for the first time?  Talk about crazy bullish market.  For us we know one thing DF stock has been held down by Quadravest for over 19 months without a dividend. Not only that the share price is now ready for a bullish run like a spring board and will move. I have loaded up as the cylce is now and we can see fireworks in this stock today. See the chart and forget the NET NAV as this is all wrong when management make the decision on those numbers. We have a basket of stocks in this investment that range from the banks, technology, resources so LOAD UP THE TRUCK.  With META leading the way this moring on a dividend high this class A shares pays a .10 cents per share and with a DRIP you have the lowest share price and big run and payout.  Three run homer in one baseball game so today is the day for a nice move.  

see the chart below as we have yet to explode higher and its coming and be ready to take profits!! I have a target of $4.90 fast and we can push to $5.20 by next week....

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Now how do i compare this?  well my post last week had FFN and did you see the spike over .30 cents on Friday as we hit $4.70?  We made a nice move and talk about a payout in dividend of .1135 cents on class A shares is bigger than META's  50cents when you look at the share price over $460.  This frenzy of the tech stocks starting to pay a dividend is a big shock into the system and these two DF and FFN  will ride higher! People are looking for the next ride and these two stocks are on radar for new money to come in.  look at the chart below and hold this stock as we are going past $5.

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see latest video from VRIC and its a good one....

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