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Bullboard - Stock Discussion Forum Dividend 15 Split Corp T.DFN

Alternate Symbol(s):  DFNPF | 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... see more

TSX:DFN - Post Discussion

Dividend 15 Split Corp > New looming crises
View:
Post by flamingogold on Jan 23, 2022 11:19am

New looming crises

More headwinds on top of covid, inflation and rising rates....

"U.S. Secretary of State Antony Blinken on Sunday reiterated his warning against a Russian invasion of Ukraine, saying any aggressive Russian interference would be met with a “severe” response."

[url=Secretary of State Blinken warns of severe response if a single Russian force enters Ukraine in an aggressive way][/url]
Comment by flamingogold on Jan 23, 2022 11:20am
https://www.cnbc.com/2022/01/23/secretary-of-state-blinken-warns-of-severe-response-if-a-single-russian-force-enters-ukraine-in-an-aggressive-way.html
Comment by mouserman on Jan 23, 2022 2:17pm
Yes and on top of that worldwide political firecracker, we have the trucking problem rising in North America , as BIDEN and TRUDEAU push the mandate for all cross border truckers to be vaxxed. Currently a huge kms long convoy of trucks is headed across Canada from Vancouver to Ottawa to protest. Also you can bet on disruptiions at many of the border crossings.. and Border Control workers are ...more  
Comment by flamingogold on Jan 23, 2022 3:32pm
Given the headwinds, I am not a buyer of DFN over $8 right now regardless of what the NAV is printing. I'll be eyeing the VIX. If futures open red we could test 31 tmr, that is major resistance. If it breaks no way to predict what a correction would look like, we've ran so high. Nevertheless, this is not a doomsday scenario. All buying opps, just a matter of how long one wants to wait to ...more  
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