Dividend 15 Split Corp T.DFN

Alternate Symbol(s): 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.

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Dividend 15 Split Corp > Balance point

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Post by Donwaanon Jan 25, 2022 9:17am

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Balance point

The next three days have the potential to make or break the U.S. equity market, Michael ORourke, chief market strategist at JonesTrading, told clients. Tomorrow, Microsoft reports earnings after the close. Wednesday is the FOMC [Federal Open Market Committee] decision, or more precisely nondecision day, and on Thursday, Apple reports earnings. And dont forget the brewing geopolitical troubles between the West and Russia over Ukraine. MarketWatch

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