Dividend 15 Split Corp T.DFN

Alternate Symbol(s): T.DFN.PR.A | DFNPF | DVSPF

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 > ALL aboard

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Comment by flamingogoldon Nov 17, 2023 1:27pm

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Post# 35741477

RE:ALL aboard

I agree with that analysis. When the first rate cut lands next year a surge in appetite for yield will follow and the only place to get it will be in equities again. We are still in the early stages of that capital flow.

EdPaquette wrote: Looking at scotiaitrade's technical analysis, there are positive targets for zeb, spy, bigb, and lots of others. Get your money off the sidelines to participate. Main Street may be in a recession, but wall Street is in a new bull.

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