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Bullboard - Stock Discussion Forum 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... see more

TSX:DFN - Post Discussion

Dividend 15 Split Corp > DFN trading at $5.06 ????
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Post by mouserman on Apr 16, 2024 1:11pm

DFN trading at $5.06 ????

Sure does how uneducated many investors/ traders are. This current correction in likely to continue into MAY.. and the old  "sell in MAY and go Away" may have started early.
DFN does not deserve any kind of premium with the level of the UNIT NAV around$14.80 today.
Short is the play at these levels. When have we seen this before... OH right  late summer 2023  , fell from the 7$ range  to 4$ in October. Patient short sellers made more in that short time,   than what would have been made in 2 years of distributions.
Comment by marcrobert on Apr 16, 2024 3:55pm
lol so all this market action is a seasonal pattern.. how about rates skyrocketing, financials are getting battered because of the us 10yr yield is flying and rate cut hopes fading by the day? you have inflation moving higher in us can, middle east war fears helping a possible market correction , this accounts for 99% of weakness in financials nd rates sensitives, and sell in may usually refers to ...more  
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