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.

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Dividend 15 Split Corp

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Post by mousermanon Mar 19, 2024 6:48pm

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Post# 35941800

My DFN spreadsheet deadon once again @$15.27

So the UNIT NAV came in right at $15.27 which, so no adjustments needed on that spreadsheet.
After today the spreadsheet is showing a gain of 3 cents , so UNIT NAV to close of March 19 = approx; $15.30. Quite a few stocks going ex divvy in the next few weeks so have to get a handle on that soon.

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