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Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DVSPF | T.DFN.P.A

Dividend 15 Split Corp. is a Canada-based mutual fund, which invests primarily in a portfolio of dividend yielding common shares, which includes approximately 15 Canadian companies. The Company offers two types of shares, including Preferred shares and Class A shares. Its investment objectives with respect to Preferred Shares are to provide holders with fixed cumulative preferential monthly cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.


TSX:DFN - Post by User

Comment by flamingogoldon Aug 12, 2022 5:02pm
146 Views
Post# 34892917

RE:RE:RE:MOUSERMAN

RE:RE:RE:MOUSERMANDoodle, I like DFN and currently hold some in the low $7's. I was hoping we would wash out in June and I would get a lower buy but it didn't materialize. My buy is only toe dipping at the moment.

While I expect some chop and turbulence to return in September (no surprise, really) I would never ever fully exit a market. That is casino mentality. The data shows that missing the few best days of a market, even while holding over the worst days, can break your returns. Sure, we can try to time and offset the worst days but I would not encourage an all-in or all-out strategy.

Also, saw your comment on CHR. that guy Tommy is a pest on these boards, mostly a doom and gloom short or just out to rattle longs for fun.

Doodlebug wrote: Flaming you have been a member for 21 years and l will say probably in the market longer than me for sure and perhaps longer than most. NOT to argue as you make a very valid point , but l can apply that below prepandemic  share call to numerous and l do mean numerous Blue Chips that share the same story. If that 6too is a Red Flag then maybe the call is to go All Cash  then with present inflation we can sit back and lose 8% or more per year and whine and cry when Mr Market goes on a Bull run again. As l said this opinion made with the greatest Respect to you.


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