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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 > Dividend Returns
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Comment by Safetraderon May 04, 2021 3:51pm
214 Views
Post# 33125306

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Dividend ReturnsYou are right, for all shares if they aren’t in a TFSA or RRSP the distributions made of Dividend or Capital Gain will be taxable in the current year. The ROC which adjusts the unit cost will be taxable in the year you are selling your shares. Currently only 50% of the ROC will be taxable. The same applies for any shares depending on the distribution allocations.
In TFSA and RRSP no tax so any type of distribution is same.

FIE 10 years ago (May 2 2011) $7.19 was the cost. Yesterday the price was $7.71 the distributions over 10 years were $4.80.  The profit over 10Y was $0.53 /y or 7.4%
DFN 10 years ago (May 2 2011) $12.91 was the cost. Yesterday the price was $7.97 the distributions over 10 years were $12.00. The profit over 10Y was $0.71 /y or 5.5%

DFN 4.5% was compound return if you do same with FIE you also retract 1%.

Buy Sell Timing can beat those returns GLTA
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