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DIVIDEND 15 SPLIT CORP II T.DF

Alternate Symbol(s):  T.DF.PR.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.


TSX:DF - Post by User

Post by pulcanon May 27, 2024 6:19pm
2081 Views
Post# 36059484

Latest update DF stock new target and FFN latest

Latest update DF stock new target and FFN latesthi all,  markets closed in the US and back to work tomorrow.  However lets look at the following CME Fedwatch on the rates.  Latest shows they will cut and i believe they will not.  See the link as the count down is now at 15days.  see link  https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html.  

Now lets look at our Fear and Greed Index.  So far Neutral and "stock price strength" is still in Fear and not good overall.  See the link for the latest...https://www.cnn.com/markets/fear-and-greed

Now as for DF stock,  looking at the news today as management bought on the dips over the past year. Class A shares was modest and the outstanding number is very low.  So this is good for DF Class A shares and a set up for a new 52 week high.  My target on the news and run up is $5.60 a share.  Check out the chart and it is a little scary to look at over the past 2 years. Right now the news is a perfect picture on more shares to be purchased and less float is good news for the share price.

User image

As for FFN stock no chart and no target as nothing has changed so look at my last post. 

 One investor who bought DFN 6 months ago from Quadravest.  Take a look at the shares outstanding and compare with DF in the video.  So think about how this management team will work around getting the price higher buying more shares on our news today. Remember very high risk unless you follow the cycle...good video and reminder also. Take profits!!! 

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