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.

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Dividend 15 Split Corp II

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Post by Dow20000on Oct 10, 2018 12:44am

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Post# 28770821

NAV

Looking at stockcharts today this is a complete breakdown with no bottom in sight.I don't see another payout coming for years.In the meantime Management is collection divident from all the
companies in the portfolio.Banks are dead in the water.They need to revamp this portfolio and turf the looser and focus on capital gains ,like the energy sector right now.Pipelines are not growing either,sell the dogs and get busy and focus on some winners.Get with the program. My only hope is that mangement will read this post.

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