Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.

TSX:DF - Post by User

Dividend 15 Split Corp II

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Comment by navgodon Mar 07, 2018 9:10am

63 Views

Post# 27674268

RE:RE:RE:RE:RE:RE:RE:RE:DF NAV even lower than we thought ..14.74 after distribution

that was a direct quote from their email

Quadravest Investor Relations info@quadravest.com via quadcm.onmicrosoft.com

Jan 17

to me

Good day,

Thank you for your email.

We do appreciate your feedback however the underwriters determine the timing of any upcoming offerings.

The DFN offering announced on January 16, 2018 is anticipated to close on or about January 31, 2018, in which case shareholders would be entitled to any dividends declared for January 31^st record date.

Kind regards.

QUADRAVEST
Investor Relations

Local (Toronto): 416.304.4443 Toll-Free: 1.877.4.QUADRA quadravest.com