DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s): T.DF.P.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

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Post by pulcanon Feb 19, 2024 12:26pm

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Post# 35887633

Great ready for Tuesday as DF stock is the focus

hi all, hope everyone is enjoying the day off and here we go for Tuesday as this stock DF is bullish as Quadravest will at somepoint next month release a dividend announcement for the first time in almost 2 years. They control the flow of cash and being at such a low share price and increased the NET AVG by taking the perferred stock and increased the dividend. Helps this Class A share shine again. For us is where is the target and now is the time to get in. I loaded up already over the past months and $60k is all in for me. The charge of this stock is well loaded up in very good Canadian Banks and stock of many different areas of the market. This line to the site shows at the bottom the latest update in holdings and also the Nav Nwt at $14.56 and this makes no sense if you look at last year this time we were mush higher on the share price. https://www.quadravest.com/df-fund-features

Regardless if you bought in under $3 or $4 hang on for a ride to a new move into March. This is my focus month for this stock as we ride the higher and you must take profits so forget the dividend. We could see a market shake up also and i do not want to be caught thinking of a dividend when there is money to be made now!

Also, this market will be so bullish this week NVIDIA will announce earning so watch the Nasdaq and i did mention this stock could see $1000 a share. It is crazy but the bull market is in AI right now and that is all i can say. The only thing i can see happening on Feb 21st is a sell off to take profits on Nvidia after market close for those who wanted the money.

FFN is helping for a mirror like image for DF stock this week and next and we shall see.

For now the target on DF in the short term is $4.70 by March for a potential high is $5.50 with a dividend for class A.

see below chart and we can see over the next two days a high of $4.60 with only 24million shares outstanding. This is a key on the stock for rocket moves faster high.

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