Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DVSPF | T.DFN.PR.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 is a steal right now

<< Previous

Bullboard Posts

Next >>

Comment by Couchpiloton Sep 27, 2023 9:14pm

170 Views

Post# 35658354

RE:RE:DFN is a steal right now

Well if you want to go long term why not 2009-present? But this time include all the roc. Because roc is real. When it lands in your account you can buy stuff with it. It paints a completely different picture. I get that you don't like the instrument. No harm no foul. But that's the problem with selective hindsight chart analysis (including my example). You can paint all kinds of scenarios. There's nothing nefarious about split share funds (except the ridiculous management fees). At the end of the day it's just another investment vehicle that lets you make bets on the market. GL.

<< Previous

Bullboard Posts

Next >>

Morning Market Outlook for June 17, 2024