Dividend 15 Split Corp T.DFN

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

Financial Services Asset Management

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

Post by ChazBrownon Mar 18, 2020 9:05pm

168 Views

Post# 30824364

Get it while its hot...

A few days ago I put in a couple orders at $4.40 over night and cancelled them before morning. Did the same a couple days ago at 4.30 and cancelled them. I keep telling myself 4.30-4.40 is the bottom, but I haven't regretted holding off yet. Of course, I'd have killed a month ago to get a few thousand of DFN for 4.40. Now I'm turning up my nose at 4.10. Greed is a horrible thing! :)

So where is the bottom of this bad boy??? It is at an all-time low with 4.95 being the old bottom. Just once I'd like to guess right! But either way, it will rebound back to 6-8 again this year. So any purchase today would be a wise and solid one...

GL&GT
Chaz

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