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 > why is the stock down over 5 years?

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Comment by EdPaquetteon Mar 05, 2022 2:49pm

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Post# 34487094

RE:RE:RE:why is the stock down over 5 years?

Ftn got below 15 combined nav and stayed down. It's easy to say I'm going to sell any split with a falling nav, but it's never that easy. I keep a paper record of navs to see how they grow or shrink every 2 weeks.

gribbs2 wrote:
thanks for clarifying, do you see any other splits with warning signs for an FTN event and share consolidation? I need to avoid another loss like the one I had .

Right now im looking at buying more DFN, GDV , DGS and BK . Are there certain numbers I should be looking at in their websites info that may warn they are in rough shape?

Thanks again.