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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Comment by Rovaalson Sep 04, 2020 12:57pm

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Post# 31510828

RE:Waiting to get back in

EdPaquette wrote: This was a fun one to own 4.50 to 6.20 and i want to do it again.

Same here, I had an average of around 4.99 and sold in chunks between 7.30 and 7.50.

I'm waiting for a good point to buy back in and have more shares than if I hadn't sold last week.

Although I will probably hold this time when I get back in.

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