Bullboard - Stock Discussion Forum 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... see more

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DIVIDEND 15 SPLIT CORP II > DF unit nav to Jan 11 = approx: $14.43

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Post by mouserman on Jan 11, 2023 4:51pm

DF unit nav to Jan 11 = approx: $14.43

So a nice move up since DEC 30th, but with only a couple of days left til calculation date, DF will come up short of 15$. Which makes one wonder if this is now a buy for next month. DF now trading at a 15 cent discount to NAV, and is a much better level to make a small bet on this one.
I am thinking that FEB may not be as kind to the markets...but who really know for sure..

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Comment by Investability00 on Jan 16, 2023 10:35am

Yes it could gain $1.00 in a month. I sold at $5.67 and bought at 4.09, so I'm looking good already. Thanks mouserman for your words of wisdom!

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Comment by flamingogold on Jan 16, 2023 10:39am

I would tend to agree with you in your February prediction. The FED will raise again on Feb 1, likely a 1/4 pt, no surprise there. But, unless they are willing to indicate a pause is on the horizon after their mid March meeting, the market will need to give back some of these January gains. Their 2% target is a looong way off. Hard to believe they can achieve that without further tightening ...more

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DIVIDEND 15 SPLIT CORP II