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

Dividend 15 Split Corp > Will They Or Won't They

<< Previous

Bullboard Posts

Next >>

Post by amugsgameon Apr 22, 2024 10:50am

225 Views

Post# 36001299

Will They Or Won't They

DFN leaning toward faith in the divy this morning. Mixed movement on DFN holdings but maybe enough to sqeek by. This is the longest post mid- month update that DFN has waited to announce so my feeling is that they will pay, even if a few pennies short.

<< Previous

Bullboard Posts

Next >>

What is renewable energy's role in the future energy equation?