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 > Oil $72

<< Previous

Bullboard Posts

Next >>

Comment by flamingogoldon Sep 16, 2021 6:51pm

110 Views

Post# 33875206

RE:Oil $72

From a consumer standpoint, we are shy of about 10-20% from the pump price highs when oil topped $147 in 2008. Yet, oil is half the price today. So disregard the old oil high. The consumer can only tolerate so much. A push above $80 to $100 for oil and it starts to get worrisome. We won't even make it to $147 again before the consumer chokes.