Dividend 15 Split Corp T.DFN

Alternate Symbol(s): DVSPF | T.DFN.PR.A | DFNPF

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. The Company 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 > NAV July 10

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Comment by rabnudon Jul 11, 2023 2:59pm

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Post# 35536050

RE:RE:RE:RE:RE:RE:RE:NAV July 10

As said the increase in interest rates has done nothing but make every day working people nothing but misery and will not curb inflation one little bit
when we paid 18% mortgage interest back in the early 80,s a house was only 50-100K paying 6% now is 5 times as bad because its on 500K now
say and think what you like Iam 100% positive all the high rates will do is fuel inflation and cause working familys plenty of misery
its killng the stocks that are interest geared like REITS etc
its killing housing developments big time

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