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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
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(11)
•••
Comment by Jodiangel17on Jun 19, 2020 5:45am
238 Views
Post# 31168048

RE:RE:RE:RE:RE:Div priced in imo

RE:RE:RE:RE:RE:Div priced in imo

I've been holding funds for a long while and I first got into MJ stocks a while back as well.

And while this recent market crash has taken a toll on my FTN holdings and other holdings, it's always important to have reserve cash on the side for times like these and ready to be deployed.

the MJ sector traded me well and was able to deploy a bunch to FTN back in the day and now able to deploy a bunch into DFN. 


in the long run it'll be nice to start collecting divs again.

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