Dividend 15 Split Corp II T.DF

Alternate Symbol(s): T.DF.PR.A | DVDDF

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.

TSX:DF - Post by User

Dividend 15 Split Corp II > I am out , good luck longs

<< Previous

Bullboard Posts

Next >>

Comment by JohnWalkeron Apr 23, 2021 9:49am

78 Views

Post# 33054389

RE:RE:I am out , good luck longs

JohnWalker wrote: I will also be looking to get out, but there is still a week before ex-dividend date and I believe this will go higher. I will wait.

Sold first tranche of 7,250 @ $5.54.

<< Previous

Bullboard Posts

Next >>

POET increases production capacity to meet AI demand