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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
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Post by flamingogoldon Oct 06, 2022 7:28pm
207 Views
Post# 35011028

Pivotal day tomorrow

Pivotal day tomorrowBad is good, and good is bad

Employment rising would normally be a good thing but this time not. The FED wants the unemployed rate to tick higher which would signal that the FED fight is winning on slowing the economy and rate tightening could be coming to a pause. Key word is pause, cause to get to their 2% target it's going to take more future rate hikes.
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Dealroom for high-potential pre-IPO opportunities