Dividend 15 Split Corp T.DFN

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

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.

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Dividend 15 Split Corp > New looming crises

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Comment by flamingogoldon Jan 23, 2022 3:32pm

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Post# 34350268

RE:RE:RE:New looming crises

Given the headwinds, I am not a buyer of DFN over $8 right now regardless of what the NAV is printing. I'll be eyeing the VIX. If futures open red we could test 31 tmr, that is major resistance. If it breaks no way to predict what a correction would look like, we've ran so high. Nevertheless, this is not a doomsday scenario. All buying opps, just a matter of how long one wants to wait to hit the bid cause it will be back to the $7's at least.

mouserman wrote: Yes and on top of that worldwide political firecracker, we have the trucking problem rising in North America , as BIDEN and TRUDEAU push the mandate for all cross border truckers to be vaxxed.
Currently a huge kms long convoy of trucks is headed across Canada from Vancouver to Ottawa to protest. Also you can bet on disruptiions at many of the border crossings.. and Border Control workers are booking sick days to avoid being in the crosshairs. Get your freezers filled , store shelves could empty very quickly. Remember the toilet paper fights?
Far more US truckers are unvaxxed than Canadian.

flamingogold wrote: https://www.cnbc.com/2022/01/23/secretary-of-state-blinken-warns-of-severe-response-if-a-single-russian-force-enters-ukraine-in-an-aggressive-way.html

flamingogold wrote: More headwinds on top of covid, inflation and rising rates....

"U.S. Secretary of State Antony Blinken on Sunday reiterated his warning against a Russian invasion of Ukraine, saying any aggressive Russian interference would be met with a “severe” response."

[url=Secretary of State Blinken warns of severe response if a single Russian force enters Ukraine in an aggressive way][/url]