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.

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Dividend 15 Split Corp II > RE-Entry

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Post by SmellsofMoneyon Apr 26, 2021 10:33am

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Post# 33066204

RE-Entry

Alright, so I guess I took some profits too, since a buncha you guys did!

So I'm wondering, how do you plan RE-entry?? Let's say it does go to low $5s on a pullback.

Do you buy, even though knowing historically you can get this at $3,$4?? Or can you read a market trend well enough to be confident to know it will stay above $5 for a little bit, then get out if things were to dip further?

In other words, would you re-enter in a month or few, or do you wait a year or two for those perfect $3, $4 cheap cheap prices??

I'm asking about re-entry because I like having some regular cash flow coming in every month.

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