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

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Post by pulcanon Mar 17, 2024 9:31am

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Post# 35937101

The latest and this week the FED, and DF stock targets

hi all, get ready for a week of the federal reserve and if you followed my post a month ago. I gave you the link to save on the interest rate calculator per meeting. If you never saved it here it is again the CME Fed watch.https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html So for us nothing will happen this week as the Fed will keep rates where they are. If they cut rates that will help many. Right now what do we want to focus on is the DF stock and it has almost been 2 years since Quadravest paid a dividend on Class A shares. So what does this mean for us on Monday morning ? NEWS!! be ready for the latest NAV NET and we should be over $15. This is going to happen and no matter what happens in the US market Quadravest is loaded up with many good holdings and they have the cash to pay the .10cents per Class A share. As for us we played the cycle for the last 3 months and we must take profits. I must say last week on Friday we did not look healthy in the share price and Thursday was a profit taking day on this stock. I told everyone to take profits incase this happens. As for the last few hours on Friday we held a good position and share price came back a little and its enough for a dividend announcement on Class A. Right now here is the link on the last dividend announcement back in 2022!! https://www.quadravest.com/_files/ugd/78f11d_d8ff05b50fda4cd7970e9a17d4bc056b.pdf As for many we made a lot of money on this run and the news come Monday is going to make things bigger for this stock. If we start to run higher at open get ready to move higher and flood gates open on DF. The stock only has 25million shares outstanding and the news will push us higher into even next week. Target is $6 on the news and the dividend on class A is critical.

Also, on barchart.com all technicals are bullish on the strength and current trend. check it out..https://www.barchart.com/stocks/quotes/DF.TO/opinion We are at a 100% buy right now.

see the chart on DF.....future target is $5.50 to $6.

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now as for those who bought FFN back in December and kept loading up...get ready for another dividend and higher high. This stock can see $6 now and no matter what happens this week with the FED it will not change a thing. This stock pays a huge dividend of .11335 per class A shares. So take profits and cash up also.

The chart on this one is below......

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now check the latest from Ron's basement.....