Dividend 15 Split Corp T.DFN

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

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

Dividend 15 Split Corp > How far do we run?

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Comment by mousermanon Aug 16, 2022 3:17pm

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Post# 34900241

RE:How far do we run?

I have quite a large cash position as well, and was sure we would see a big down day this week after 5 days in a row up... but this little bull charge up the hill has been strong. Wish the economy was as strong as the markets seem to believe.

flamingogold wrote: The run since the June low has been strong, the S&P is up 18%.

I started tapering in in the low $7's (missed the 6's), but was really hoping for it to touch the 5's. Let's see what happens this Fall. I think we're setting up for some traditional September - October selling/volatility.

My bag is only partially full and I'm ready to add more but not at this price. I will wait and get paid doing it too.

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