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Dividend 15 Split Corp T.DFN

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

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 SusanBollandon Aug 13, 2022 2:03pm
115 Views
Post# 34894128

RE:RE:DFN was a top pick

RE:RE:DFN was a top pick
Janedoodle wrote:
Lisagerrard17 wrote: I see Leo and Sarge had DFN as a top pick in their news letter when DFN went under $7.00..   That turned out to be an awesome call..  I loaded up the truck
Congrats on a great buy.  I took a position at $6.97 ... Cheers



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