Bullboard - Stock Discussion Forum 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... see more

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DIVIDEND 15 SPLIT CORP II > Under Nav

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Post by RusticHit on Feb 22, 2023 10:37am

Under Nav

Trading under almost 8-10% discount and DGS missed the Div. and they are still Trading at 20 % premium ,,Confusing and dazzling

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Comment by flamingogold on Feb 23, 2023 1:58pm

I would expect a much larger discount on this before buying in. It hasn't paid a distribution in 9 months and unlikely to make it for the next few as well. Unless I can turn a capital profit, this is not on my buy list and likely for many others too which explains the almost double digit to NAV discount.

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Comment by mouserman on Feb 23, 2023 6:45pm

DGS trading at a 30% discount after distributions are paid to preferreds, so difference is quite a big gap. Wouldnt buy DGS today here, but many were bidding it up , for what reason i cannot fathom. DGS lost more in UNIT NAV in the week than DF, but still got buying today. TRUTHFULLY , I WOULD NOT BUY EITHER OF THEM HERE AT THESE LEVELS. I dont like to gamble, and my ...more

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