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Bullboard - Stock Discussion Forum Dividend 15 Split Corp. - Class A T.DFN

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

Dividend 15 Split Corp is a Canadian is a mutual fund corporation. It aims to pay monthly cash dividends. The company invests in a portfolio of dividend yielding, high-quality Canadian companies. It offers two types of shares i.e. class A shares and preferred shares. The company's investment objectives are to provide holders of preferred shares with fixed cumulative preferential monthly cash dividends as well as to provide holders of Class A shares with regular monthly cash distribution.

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Dividend 15 Split Corp. - Class A > DFN unit nav to JUly 13= approx. 16.27
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DFN unit nav to JUly 13= approx. 16.27

mouserman (2113) | July 13, 2022 10:28 pm

Not sure how POS got his numbers, but my spreadsheet now updated , DFN with 11% cash, and SUNCOR no longer in the top 15  holdings of DFN.
I have DFN losing 6 cents , without collecting any dividends or covered call income.
SO value of the commons today would be 6.27... and last sale at 7.04 leaves a  77 cent premium.
The premium would be  12.2 % at this level, and that IS THE BEST deal amongst those split fund commons  that are paying , in my list. Financial only split funds did NOT fare as well as DFN, at least not as far as NAV is concerned. LBS had a good day going up , but the NAV actually fell on my spreadsheets, and how could it not, with all 10 holdings down on the day. And some  of thoses  losses were more than a little bit down. 

RE:DFN unit nav to JUly 13= approx. 16.27

flamingogold (1171) | July 14, 2022 07:43 am

I think the old mantra comes to mind in this current market... don't fight the FED. Typiclaly, Canada follows the US on rates, but this time around Powell may in fact follow Macklem. With hotter than hot inflation numbers, the odds are building that a 1% FED hike is coming in 2 weeks. The market is pricing that in now.

mouserman wrote: Not sure how POS got his numbers, but my spreadsheet now updated , DFN with 11% cash, and SUNCOR no longer in the top 15  holdings of DFN.
I have DFN losing 6 cents , without collecting any dividends or covered call income.
SO value of the commons today would be 6.27... and last sale at 7.04 leaves a  77 cent premium.
The premium would be  12.2 % at this level, and that IS THE BEST deal amongst those split fund commons  that are paying , in my list. Financial only split funds did NOT fare as well as DFN, at least not as far as NAV is concerned. LBS had a good day going up , but the NAV actually fell on my spreadsheets, and how could it not, with all 10 holdings down on the day. And some  of thoses  losses were more than a little bit down. 


RE:RE:DFN unit nav to JUly 13= approx. 16.27

jeanstk (2) | July 14, 2022 10:07 am

I not buying anything until the next hike. Eventually, people get used to the new interest rate and things will start creeping back towards a bull market.

RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

RusticHit (138) | July 14, 2022 10:54 am

Get out of these bloated  Split pigs untill they are not under Nav why folks paying 10-20% premiums to buy these to get 10 cents and losing tons on capital game is over for now 

RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

Jtpatrol1 (20075) | July 15, 2022 01:39 pm

RusticHit wrote: Get out of these bloated  Split pigs untill they are not under Nav why folks paying 10-20% premiums to buy these to get 10 cents and losing tons on capital game is over for now 
good points

RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

SusanBolland (13075) | July 15, 2022 03:38 pm

RusticHit wrote: Get out of these bloated  Split pigs untill they are not under Nav why folks paying 10-20% premiums to buy these to get 10 cents and losing tons on capital game is over for now 
some valid points

RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

Sammy9 (380) | July 18, 2022 01:46 pm

Hello Oinker , it must really upset you that you bought high and sold low , now a couple of up days. .l asked you a simple question , let us all know your pullback proof portfolio that only goes up and never down. Needless to say a Johnny come lately detractor who is a market guru failed to respond. Something wrong with people like you , Tuesday armchair generals acting like knowitall BIGSHOTS.  Join the Joe CO Clown Club , you will be welcome with open arms etc, etc

RE:RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

GassXX (10025) | July 18, 2022 02:02 pm

Sammy9 wrote: Hello Oinker , I'm just really upset  that I bought high and sold low , now a couple of up days. .l asked you a simple question , how did you fiure out so quick that I am just one of a dozen alaises made by stcokhouses #1 creepy stalking loser inbred troll by the name of John trevor Plows   I cant believe you also figured out that I post under the names CanannR and Dochuck
Its lonely in my parents basement so I make up fake friends...  # Love Justin and Greta

  Anyone adding at these levels ?

RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

Lisagerrard17 (9875) | July 18, 2022 03:39 pm

RusticHit wrote: Get out of these bloated  Split pigs untill they are not under Nav why folks paying 10-20% premiums to buy these to get 10 cents and losing tons on capital game is over for now 
good point

RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

Sammy9 (380) | August 11, 2022 03:49 pm

l asked that Oinker about a month ago to post his bullet proof portfolio as DFN owns nothing but CDN bluechips. Needless to say the loudmouth didnt respond , Thats the bigmouth Gurus way of doing things. However that Swineherd , herd of pigs now dominate this site , he only posted one single braindead statement and got 5 from his herd . Now other than Mouserman who took over when Pile decided to absent himself , no real owners posting much. Knowing something of farming it should be anytime soon unless they are company pets that herd of market pigs go to the slaughter house and are turned into juicy Ribs , Roasts  Chops and Bacon. . l apologises to the PC fools in advance who love to eat but dont like a graphic portrayal of where there food came from. The grocery stores do not have Startrek replicators. l held and l am up much more than the TSX or talking heads on Market Call.

RE:RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

sweetMolly1 (3206) | August 11, 2022 04:08 pm

Sammy9 wrote: l asked that inbred moron loser John Plows about a month ago to post his bullet proof portfolio as DFN owns nothing but CDN bluechips. Needless to say the loudmouth didnt respond , Thats the bigmouth Gurus way of doing things. However that Swineherd , herd of pigs now dominate this site , he only posted one single braindead statement and got 5 from his herd . Now other than Mouserman who took over when Pile decided to absent himself , no real owners posting much. Knowing something of farming it should be anytime soon unless they are company pets that herd of market pigs go to the slaughter house and are turned into juicy Ribs , Roasts  Chops and Bacon. . l apologises to the PC fools in advance who love to eat but dont like a graphic portrayal of where there food came from. The grocery stores do not have Startrek replicators. l held and l am up much more than the TSX or talking heads on Market Call.

  MMMM   bacon !!

RE:RE:RE:RE:RE:RE:DFN unit nav to JUly 13= approx. 16.27

JohnTool321 (474) | August 12, 2022 03:15 pm

sweetMolly1 wrote:
Sammy9 wrote: l asked that inbred moron loser John Plows about a month ago to post his bullet proof portfolio as DFN owns nothing but CDN bluechips. Needless to say the loudmouth didnt respond , Thats the bigmouth Gurus way of doing things. However that Swineherd , herd of pigs now dominate this site , he only posted one single braindead statement and got 5 from his herd . Now other than Mouserman who took over when Pile decided to absent himself , no real owners posting much. Knowing something of farming it should be anytime soon unless they are company pets that herd of market pigs go to the slaughter house and are turned into juicy Ribs , Roasts  Chops and Bacon. . l apologises to the PC fools in advance who love to eat but dont like a graphic portrayal of where there food came from. The grocery stores do not have Startrek replicators. l held and l am up much more than the TSX or talking heads on Market Call.
 
  MMMM   bacon !!

  Well said