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 29, 2024 1:06pm

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Post# 35906957

Latest update for March....and DF what's to come

hi all, well we got our news in the US for the PCE inflation numbers and seems more people are spending less and more spendng on credit card debt. Right now we have a big day next week for Canada Rate announcement on March 6th. I did talk about on my last post on the importance for March and how Df stock will move. We could see our first rate cut in Canada thanks to the news today in the US. see the link for the upcoming events and save this...https://www.bankofcanada.ca/press/upcoming-events/

For now nothing has changed with DF and this stock hold many good banks. We can see fire works next week and the charts have not changed.

see below, the build up has started in the $4.40 to $4.60 range.....

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