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 mkqtraderon Mar 19, 2024 5:23pm

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Post# 35941661

Updated NAV on March 19 ~$15.08

Quadravest posted a NAv of 15.04 for March 15, about 2.5 cents above my calculations, so I used this info to update my spreadsheet and today's NAV is ~$15.08.
We are only 0.47% above the threshold so there is still the need of some growth to start breathing with more ease... let's hope that today's news on inflation helps with all holdings and brings us to a safer value in the next few days and weeks

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