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Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DFNPF | 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.


TSX:DFN - Post by User

Comment by mousermanon May 12, 2023 4:45pm
157 Views
Post# 35446302

RE:Jamie "hurricane" Dimon warns....

RE:Jamie "hurricane" Dimon warns....Yeah ,  i am in mostly cash with a smattering of precious metals plays....lots of time to buy for distributions this month, and i dont feel like i am missing out on any upside in the coming weeks. But to each their own. 
flamingogold wrote: Right on cue now that the jobs #, CPI # and big earnings are out of the way. Well, let it rip lower... I have been waiting... forever.

Jamie Dimon warns panic will overtake markets as U.S. approaches debt default





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