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

Dividend 15 Split Corp > DFN unit NAV to Dec 13 = approx; $15.13

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Comment by NoShoesNoShirton Dec 13, 2023 10:44pm

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Post# 35783645

RE:RE:RE:DFN unit NAV to Dec 13 = approx; $15.13

mouserman wrote: BK looks to be a good value, lots of safety and mostly the safer CAD banks.
FTN now is a good value, if you like the mix of CAD banks and lifecos along with the biggest 3 holdings being BIG US banks.... of course LCS is at a 7% DISCOUNT, and has the best capital gains in the past year of those paying split fund commons. I expect the lifecos to continue making better profits than the banks. SO LFE is also a buy...now within striking range of the 15$ threshhold and at a 13% discount.
DGS and DFN are also decent value , being above 15$ and discounted.

Most times, anything on mousermans list would be perfect. Now we have multiple bargains, I want them all. Now I'm out of money, another word for fully invested.

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A junior copper-gold stock trading at a bargain of monumental proportions