Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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

Comment by Satman3on May 02, 2021 8:45pm
193 Views
Post# 33111894

RE:RE:RE:RE:RE:Dividend Returns

RE:RE:RE:RE:RE:Dividend ReturnsAgreed, fund to be renewed in 2024, and by that time. inflation and more retail interest in this fund probably higher among retirement crowd due to higher cost of living for everyone incl. seniors!  I guarantee you these 2 major points (inflation, and more ppl seeking yield in 2023-2024).  I am 100% guarantee that.

Personally I used to invest without stoploss entirely but realize it's likely smarter to have 10% stop loss at minimum as in the past.  since 10% loss can easily be made up within a month (or within the quarter), assuming you buy back in at at reasonably time.  Corrections can happen but more likely when they do, i dont see them as necessary "V-shape quick recovery", they usually last multiple days or weeks where the media sells news that the world is now ending just like March 2020 where any buys in March/April/May were actually good buys!

GLTA.....invest wisely, smartly, and know your limits within each investment choice!!
<< Previous
Bullboard Posts
Next >>