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.

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Dividend 15 Split Corp II > important: Concurrent Annual Retraction

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Comment by Jmarks1on Jul 27, 2023 1:35pm

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Post# 35559947

RE:RE:RE:important: Concurrent Annual Retraction

Once again thank you for your help and effort, very much appreiated!! I no longer own any class "A" shares, just a bunch of DF.PR.A and DFN.PR.A so I guess I am hooped unless I buy the commons.
I see from a previous post of yours that it would be worth my while to purchase matching class "A". As you stated the risk being the PPS drops before the end of Aug.

Best Regards...

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