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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 Dec 21, 2022 8:57am
250 Views
Post# 35184188

Quadravest you win...this time!!, latest update

Quadravest you win...this time!!, latest updatehi all,   Markets are unpredictable and DF and FFN was hammered lower to keep it down from paying a Class A dividend.  So Quadravest you win!!  As for us i see FFN moving where it should be $5 and the markets correcting with strength to the upside. latest charts on both DF and FFN below....and the rest of the week expect a Christmas rally into Thursday.  

i zoomed in on the charts for FFN and DF...we hit the bottom and now its up...this time!!

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DF, same move coming as we hit the bottom and now its going up.....

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