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.

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Dividend 15 Split Corp > Morning headfake?

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Comment by NoShoesNoShirton Apr 08, 2024 11:21am

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Post# 35976785

RE:RE:RE:RE:Morning headfake?

ABP123 wrote: Part of me thinks the FED won't cut at all this year. Inflation in the US won't come down meaningfully until after the election into 2025. By US standards Biden is spending like a drunken sailor. This will continue until election day. If Biden wins the spending stops because he doesn't need to do it anymore. Trump wins the spending stops.

Trump may campaign as a thrifty type, but he cuts taxes even more. During his 4 years, the US debt rose 8 trillion.
Cutting taxes on borrowed money is stupid.

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New Canadian drone made exclusively for military operations