Dividend 15 Split Corp T.DFN

Alternate Symbol(s): T.DFN.P.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

Dividend 15 Split Corp > DFN keeps moving up , but NAV is not...

<< Previous

Bullboard Posts

Next >>

Comment by dileas48son Apr 26, 2021 2:50pm

170 Views

Post# 33068081

RE:RE:RE:DFN keeps moving up , but NAV is not...

I think a part of the premium is due to investors seeking yield without a view of the long term chart.

On a 12 - 15 month basis the chart looks great here and the dividend shines brightly. Some investors may be anticipating this to continue tracking into the future versus the chart returning to the pre-Covid pattern.

I suspect the demand on the buy-side will dip in the not too distant future (market forces aside).

mouserman wrote:

itsthehitman wrote: Wonder if 9 to 10 dollars in the near future.
Markets are still hot and seem to not be giving up. How long can this bull market run?

The trend continues, DFN getting a big premium , as is DF.... market buyers of these 2 , dont apparently keep track of how the holdings are doing , as 10 of the 20 are down, today. Minimal gains. Ceretainly not .20 up today, like the commons.