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Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  T.DFN.P.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

Comment by flamingogoldon Feb 22, 2024 11:00am
191 Views
Post# 35893268

RE:RE:RE:RE:Rate hikes being questioned

RE:RE:RE:RE:Rate hikes being questionedI wouldn't say this is just an immigrantion problem. I have friends who's late teenager kids sit at home locked up in their rooms playing games and streaming in their spare time instead of taking a part time job. Then there are millennial kids who drop out of the work force to travel for months long in Asia and Australia. These are kids born here with parents also born here. And some of the parents of those kids work in government and complain if they have to travel to the office for just 2 days a week. Covid screwed up the work ethic... period

mouserman wrote: There is also the problem of a LACK of labor for  residential construction. I was in that trade my entire life... and wages for a long time stagnated, despite the extreme physical nature of the work. I still have contacts in the industry who say those they do hire  ( younger crowd) are addicted to their phones and not very productive. And finding old experienced hands with a work ethic impossible. 
New immigrants landing in Canada want a handout, not a physical job.


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