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 flamingogoldon Sep 17, 2021 3:00pm

156 Views

Post# 33878792

RE:RE:RE:RE:RE:Dive!

I don't see it... while inflation is edging higher, unemployment is not. Those two need to be high to worry about stagflation. The US labour of stats shows 5.2% for Aug, which is almost back to pre-pandemic levels, and falling.

https://data.bls.gov/timeseries/LNS14000000

flamingogold wrote: No, it won't miss a divy but will be susceptible to overall market volatility. If we get even a small 5% correction, which is overdue, this will be on sale and offer up a huge buy the dip oppornity.

BlueGuitar1 wrote: This one is still good missing 4 divi payments only during the beginnings of Covid in North America.