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 > Gone for 4 hours and holdings are much greener

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Comment by flamingogoldon Apr 25, 2024 2:47pm

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Post# 36007735

RE:Gone for 4 hours and holdings are much greener

Not out of the woods just yet. Don't like seeing the 10 year closing in on October's high of 4.98%. The market is pricing in higher rates and that will pressure indices again. Could all be a headfake but I am comfortable clearing my chips from the table with a quick gain and going back to the sidelines.