Dividend 15 Split Corp T.DFN

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

Dividend 15 Split Corp

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Comment by Safetraderon Nov 23, 2019 12:06pm

239 Views

Post# 30385401

RE:Dividends type ?

The info is on Quadrvest web site under the DFN split share "Fund Document".

The link below brings you to the 2018 T5 box report. However the 2019 could be somewhat different and will be available early 2020.

https://03fd212c-7b45-4409-b290-698c20089de1.filesusr.com/ugd/78f11d_60b945e66e8b4d16962d535c1b02d205.pdf

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