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.

TSX:DFN - Post by User

Dividend 15 Split Corp > DFN unit nav to JUNE 30 = approx: $15.19 BEFORE dist.

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Comment by navgodon Jul 05, 2023 2:54pm

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Post# 35527794

RE:RE:DFN unit nav to JUNE 30 = approx: $15.19 BEFORE dist.

Same over at Yahoo finance. Got to be holders reading this thread but seem to be voyeurs not participants. Pulcan recently resurfaced on the DF board pushing DF over DFN, almost embarassed that I agree with the trade and have had it on for awhile. Of course as usual his reasoning is out to lunch but does prove the adage "even a blind squirrel will find a nut once in awhile". GLTA

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Advancing an underexplored area of the Yukon with the same geology as B.C’.s Golden Triangle