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Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DFNPF | 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

Bullboard Posts
Post by wolverine99on Oct 24, 2019 6:47am
131 Views
Post# 30262955

Offering

OfferingEveryone needs to chill, great buy opportunity, in facy Ex Divy Date is the 30th so it may fall further. This Fund has never, repeat never missed a payout since inception, best and safest Split Share on the market. Gains on share appreciation are just a bonus as regular offerings are always going to happen, take your Divy income and jusr smile!!!
Bullboard Posts