Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DFNPF | T.DFN.PR.A | DVSPF

Financial Services Asset Management

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.

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Dividend 15 Split Corp > Dive!

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Comment by EdPaquetteon Sep 17, 2021 2:51pm

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Post# 33878717

RE:RE:Dive!

There's starting to be mentions of stagflation, and that means a bear market lasting years. That's why I'm mostly out of class a splits. Holding mostly preferreds now. But yes we could also wake-up to really bad news one morning.

flamingogold wrote: My gut says we wake up one morning sometime soon to a big red pre-opening with screaming new headlines and it won't be about covid. Maybe supply chain worries and the impact on the holiday season? Either way, I am currently out of DFN but not completely for the portfolio. Impossible to time the market but risk is certainly elevated and needed to trim and cyrstalize gains.

KnaveofDiamonds wrote: When this gets to my price point I'm going to back up the truck and load up an obscene amount of shares! Go go go go!