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.

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Dividend 15 Split Corp > Oil hits $60

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Comment by flamingogoldon Feb 17, 2021 4:24pm

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Post# 32587715

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Oil hits $60

We can all still be held hostage since electricity is not endless and grids do go down just like in Texas today where charging EV costs went through the roof.

https://oilprice.com/Energy/Energy-General/Texas-Freeze-Raises-Cost-Of-Charging-A-Tesla-To-900.html

mouserman wrote: Well I am ecstatic, no more oil changes,oil, fuel and air filters.... and best yet, not held hostage to refinery saying there is a shortage so must raise prices...
I had talked to a few owners before i bought mine , and they say charging at home comes out to about 20 to 30$ a month and that is doing 20 to 30,000 kms a year, around the city. 2 oil changes on my Jetta a year was about 200$ and that isnt changing the filters every time. Nearly 6$ a gallon for diesel now...
Its a no brainer, and i feel good about not spewing fumes when i am driving.

flamingogold wrote: That is now. As with any new tech, the up front cost requires a premium to get in. EV early adopters are paying a premium for the vehicle but not so much to operate and re-charge. But, that will likely change.

Governments post covid will be starved for cash to help pay for record debts which might include higher costs to rapid charge vs. slow 110V charging. Solar and wind charging are off grid so that will lower cost but installation cost are still not cheap and can be lost if the owner moves before the payback period. Trust me, government will find a way to get in our pockets.

Still, I am all for the sector and have been buying some US plays.

mouserman wrote:

EdPaquette wrote: $5 worth of electricity will take you as far as $50 worth of gas if you charge at home. Road trips get awkward.

https://vancouversun.com/news/local-news/to-charge-or-not-to-charge-misconceptions-around-owning-an-electric-vehicle-in-b-c