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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

Comment by mousermanon Jul 11, 2023 2:58pm
129 Views
Post# 35536045

RE:RE:RE:RE:NAV July 10

RE:RE:RE:RE:NAV July 10Fiscal policy around the world created trillions of fiat $$ floating about out there,  which has the natural ability to make everything more expensive.  So now fiscal policy will raise rates to affect whom?  Certainly  not the bankers and the elite who promoted the HUGE spending to battle the flubug. Immigrants coming into Canada at a rate unseen int he past, about 3 million in the past 2 + years . Sucking up the minimum wage jobs, while many of our youth die on the streets withg drug overdoses. 
Yeah it is just lovely out there.....for the poor and unemployed. Higher interest rates will fix everything. LOL
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