Bullboard - Stock Discussion Forum Dividend Select 15 Corp T.DS

Alternate Symbol(s): DVVDF

The Companys investment objectives are to provide holders of the Shares of the Company (Shareholders) with (i) monthly cash distributions, plus (ii) the opportunity for capital appreciation, through investment in the common shares of the Portfolio Companies. The Company has been created to provide investors with an opportunity to invest in a portfolio (the Portfolio) of 15 Canadian companies... see more

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Post by mousermanon Nov 17, 2018 8:17am

Trading at a discount to NAV, yield over 10%

Latest stated NAV on the website is 7.36 , up .14 from the end of October. This one of the safer funds from Quadravest but unfortunately gets little respect. Seems divvy pigs are more willing to prop ...more

Discussion

Comment by mousermanon Oct 10, 2018 10:02am

RE:DS holding up better than most of Quadravest funds

Perhaps the reason for the shortselling on some of these split funds is Muddy Waters short and distort attack on MFC. Perhaps those split funds with a large holding in MFC are also a ...more

Discussion

Post by mousermanon Oct 09, 2018 9:44pm

DS holding up better than most of Quadravest funds

Seems there has been a bit of an attack on some of the split funds, both Quadravest and Brompton for some reason. PIC.a , a Strathbridge split fund holding the six big canadian banks ...more

Discussion

Comment by solwaymanon Oct 03, 2018 2:21pm

RE:RE:Return of Capital question

Thanks Dem. Very helpful. I am on the bid currently. Cheers.

Discussion

Comment by DemDem20151202on Oct 02, 2018 8:34pm

RE:Return of Capital question

The net asset value in July was $7.90 the fund has never paid any special capital or dividends until now. Here are the titles that the background has: BCE INC Bank of Montreal Bank of Nova Scotia CI ...more

Discussion

Post by solwaymanon Sep 24, 2018 8:45pm

Return of Capital question

I am new to DS and I am wondering if any of the past monthly distributions have consisted of a return of capital? I looked at 2017 and noticed that there were no such returns in that year? Anyone know ...more

Discussion

Comment by mousermanon Aug 16, 2018 9:47am

RE:RE:RE:RE:Selling after ex divvy date

Yes steady income of around 10% and not a spit fund, so no threshhold where you dont receive a distribution , which is what is happening to DF, from Quadravest. Holders of regular DF shares wont ...more

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Comment by Windsormanon Aug 15, 2018 3:16pm

RE:RE:RE:Selling after ex divvy date

That would translate to an annualized dividend slighly higher than 10% based on current price. Not bad in todays turmoil market.

Discussion

Comment by mousermanon Aug 15, 2018 9:07am

RE:RE:Selling after ex divvy date

Actually , the distibution is based on te volume -weighted average price of the last 3 trading days of JULY,, and that comes out to about 8.12 or so. If you divide .812 ( 10%) by 12 months you get ...more

Discussion

Comment by Windsormanon Aug 13, 2018 9:58pm

RE:Selling after ex divvy date

Time to reload. Sellers are nuts selling under $8.00. August dividend should be higher than July's based on trading at the end of July of the holdings. I was buying today. GLTU

Discussion

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Bullboard - Stock Discussion Forum Dividend Select 15 Corp T.DS

Alternate Symbol(s): DVVDF

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Bullboard (TSX:DS)