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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
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(9)
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Post by Safetraderon Nov 02, 2019 6:43am
90 Views
Post# 30300576

Anthony pls use HOU board

Anthony pls use HOU boardHi, as I said earlier, you would be better posting your stories / comments relative to HOU on that specific board. I guess this board should be for those doing In and Out or comparing with relevant stocks. You're more than welcome to discuss DFN.

As Flamingogold wrote, DFN (Financial H.yield) as well as all Split Shares are risky but in no way, you can compare with HOU which is Betapro O&G.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities