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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.


TSX:DFN - Post by User

Comment by 1condoron Oct 19, 2023 4:26pm
135 Views
Post# 35691734

RE:10 year rising but VIX remains low

RE:10 year rising but VIX remains lowflamingogold...I suspect the fed is near done but unfortunately rates will remain high with no cuts likely into 2024.. The job cuts are just starting and it will pick up speed into year end. I am in the process of positioning myself in some of these very beat up stocks and ETF...like DFN (I should say the list is long and getting longer every day). I have only just started nibbling on some but have yet to buy any DFN. 
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