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

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Comment by flamingogoldon Mar 26, 2021 1:16pm

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Post# 32887017

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

If we look back to the 2008 financial crisis where the FED dropped its pants on rates and increased the money supply to save the economy and fast forward to today where we just witnessed the same tools of defence, then there is evidence to say we have room for valuations to go higher before the next crash and burn moment. Inflation is knocking on the door and of course the monster debt that has been created, any of these may be our next big worry but not right now. Inflation and job growth is what the FED desires.