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Dividend 15 Split Corp II T.DF

Alternate Symbol(s):  T.DF.PR.A | DVDDF

Dividend 15 Split Corp. II is a mutual fund. The Company invests in a portfolio of 15 dividend-yielding, Canadian companies. It offers two types of shares, a Class A and Preferred. The investment objectives with respect to the Preferred shares are to provide holders of the Preferred shares with fixed, cumulative preferential monthly cash dividends in the amount of $0.04792 per Preferred share to yield 5.75% on the $10 repayment amount and to pay the holders $10 per Preferred share. The investment objectives with respect to the Class A shares are to provide holders of the Class A shares with regular monthly cash dividends targeted to be $0.10 per Class A share. The net asset value per unit must be above the required $15 per unit threshold in order for monthly dividends to be declared, and On or about the termination date, to pay the holders the original issue price ($15) of the Class A shares. The investment manager of the Company is Quadravest Capital Management Inc.


TSX:DF - Post by User

Post by pulcanon Aug 10, 2022 7:12am
200 Views
Post# 34883873

DF stock still poised for breakout!! CPI numbers today

DF stock still poised for breakout!! CPI numbers todayhi all,  DF stock is still poised for a breakout and i know these last two trading days have been cautious on the US and what is to come out at 8:30am on the CPI numbers. I must say if we are lower in the inflation numbers be ready for DF stock to move quickly past $5 and target is $5.38 for the NAV to hit $15. We had two days back to back with massive upside and we have been pushed back by quadravest. So today will be the verdict on these markets. However this is also a share price play and not just a dvidend comeback. This will help the stock move to $6 and same story as DGS. Also,  remember to take profits from day one if you bought under $4 a share.  If we have a bad CPI number that means more rate hikes are coming and this is bad. So if you took profits all this time you should be in the driver seat. So for this morning we hold and wait for the news and i like using marketwatch.com as they are real time news!  it is instant so be ready!!  as for this morning BID vs ASK you will see how quickly DF stock is set up for a move!!  cheers and good luck today. 

Level 2 Quote

Level two quotes - Bid
Number of Shares Bid Price
 
100 shares
100 4.790
 
200 shares
200 4.760
 
100 shares
100 4.750
 
600 shares
600 4.710
 
1,200 shares
1,200 4.700
 
200 shares
200 4.660
 
2,000 shares
2,000 4.600
 
2,000 shares
2,000 4.580
 
1,000 shares
1,000 4.570
 
100 shares
100 4.550
Level two quotes - Ask
Ask Price Number of Shares
4.840 100
 
100 shares
4.950 7,700
 
7,700 shares
5.000 7,200
 
7,200 shares
5.100 200
 
200 shares
5.250 100
 
100 shares
5.300 2,500
 
2,500 shares
5.370 200
 
200 shares
5.500 5,600
 
5,600 shares
5.560 2,000
 
2,000 shares
5.650 4,000
 
4,000 shares

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