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 > DFN unit NAV to MArch 23= approx: 16.89

<< Previous

Bullboard Posts

Next >>

Comment by slston Mar 25, 2021 5:29pm

368 Views

Post# 32883072

RE:RE:RE:RE:RE:RE:DFN unit NAV to MArch 23= approx: 16.89

Thats a lot of ifs. Diversification comes into play when some holdings drop and other do the opposite.....Hopefully, if Banks do come down (hope they don't, the other holdings will cushion the blow. With DFN, history has shown that, making DFN more resilient

Telecoms stand to benefit from the 5G advances.
Pipelines, are also not fully recovered.
Even CI financial, is trading a discount.

There is good stuff in this basket....Worth the Premium? Maybe so......I have some.
Not contradicting....Just saying.....

<< Previous

Bullboard Posts

Next >>

BMO evolves InvestorLine with enhanced tools for options trading