Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Dividend 15 Split Corp T.DFN

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

Post by mousermanon Feb 12, 2021 8:21pm
272 Views
Post# 32560005

DFN new shares to list FEB 17

DFN new shares to list FEB 17And so it looks as tho they had to sell more preffereds along with the  commons to even up the units again. Obviously some have been  buying commons in the ATM auto dilution program.

Dividend 15 Split to list additional shares Feb. 17

Dividend 15 Split Corp (C:DFN) 
Shares Issued 58,491,152
Last Close 2/12/2021 $6.93
Friday February 12 2021 - Prospectus Approved

The Toronto Stock Exchange reports that Dividend 15 Split Corp. will list up to an additional 3,916,000 Class A shares and 6,416,000 preferred shares on the TSX at the open on Feb. 17, 2021. According to the TSX, the listing will cover shares to be issued at $7.15 per Class A share and $10 per preferred share, pursuant to the terms of a prospectus supplement dated Feb. 10, 2021.

<< Previous
Bullboard Posts
Next >>