Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | T.DFN.PR.A | DVSPF

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. It 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 cash dividends in an amount of $0.04583 per Preferred share to yield 5.5% per annum on the $10 repayment amount and to return the $10 repayment amount to their holders on the termination date. Its investment objectives with respect to Class A Shares are to provide holders with regular monthly cash distribution targeted to be $0.10 per Class A share and return the original issue price to their holders on the termination date. The net asset value per unit must remain above the required $15 per unit threshold for distributions to be declared. Its investment manager is Quadravest Capital Management Inc.

TSX:DFN - Post by User

Dividend 15 Split Corp

Bullboard Posts

Comment by YellowBrickRoadon Dec 21, 2018 9:51am

218 Views

Post# 29145591

RE:DFN Dividend Break Down

novascotian2014 wrote: Does anyone here know what DFN is broke down into for INCOME TAX PURPOSES..thank you for any Help ..

DFN 2017 T5 Distribution Breakdown
Distribution	$0.10000	%
Eligible Dividends	$0.05232	52.32%
Capital Gains	$0.04768	47.68%
Return of Capital	$0.00000	0.00%
ForgnNonBusInc	$0.00000	0.00%
		100.00%